Pakistan’s foreign reserves increase by $464m

KARACHI – Pakistan’s liquid foreign reserves stood at $13,220.6 million as of December 29, 2023.As per the data released by State Bank of Pakistan on Thursday, foreign reserves held by the central bank stood at $8,221.2 million.Net foreign reserves held by commercial banks stood at $4,999.4 million.During the week ended on December 29, 2023, SBP’s reserves increased by $464 million to $8,221.2 million mainly due to official GoP inflows.