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KARACHI: The country’s total liquid foreign exchange reserves increased by $64 million to stand at $ 16.11 billion as of Oct 11, 2024 compared to $ 16.047 billion on October 4, 2024.
During the week under review, the SBP’s reserves increased by $ 215 million to $ 11.023 billion. Net foreign exchange reserves held by commercial banks fell by $150 million to $ 5.089 billion by the end of last week.
The current level of foreign exchange reserves is sufficient enough to cover imports of two months.
Copyright Business Recorder, 2024
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