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Pakistan Foreign Exchange Reserves Crossed $16 Billion Level

admin-augaf by admin-augaf
March 21, 2025
in Business, Finance, National, News
Reading Time: 1 min read
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UBL Earned Nearly 3 Times More Profit from Foreign Exchange Income in 9M 2022

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS

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Karachi March 21 2025: The total liquid foreign reserves of Pakistan increased to USD 16,015.8 million while the reserves held by the State Bank of Pakistan inched up to USD 11,146.8 million as of March 14, 2025.

“During the week ended on 14-Mar-2025, SBP reserves increased by USD 49 million to USD 11,146.8 million,” the central bank Thursday reported in its weekly statement on liquid foreign reserves position.

Meanwhile, the net foreign reserves held by commercial banks also increased to USD 4,869 million, the breakup of the foreign reserves for the period under review depicted.

Total liquid foreign reserves held by the country, in the previous week ended on March 07, 2025, were USD 15,928.9 million.

Among them foreign reserves held by the central bank were recorded as USD 11,097.9 million while net reserves of USD 4,831 million were held by commercial banks.

Tags: FX ReservesRupee vs Dollar
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