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The overall liquid international reserves of Pakistan stood at US$13,534.1 million whereas reserves held by the central financial institution reached $8,186.1 million.
The State Financial institution of Pakistan, in a press release issued right here on Thursday, knowledgeable that SBP’s reserves decreased by US$ 541 million to US$ 8,186.1 million primarily as a result of exterior debt repayments in the course of the week ending on July 21, 2023.
In the meantime, web international reserves held by business banks stood at US$ 5,348 million, it added.
Within the earlier week ending on July 14, 2023, complete liquid international reserves held by the nation was US$14,065.3 million.
Amongst them, international reserves held by the central financial institution had been US$8,727.2 million whereas web international reserves held by business banks had been US$5,338.1 million.
Yesterday, it was reported that the State Financial institution of Pakistan (SBP) will announce the primary financial coverage charge of the fiscal 12 months 2023-24 on July 31.
In response to a press release issued, the central financial institution introduced convening a gathering of the Financial Coverage Committee (MPC) on July 31 that might evaluate the general monetary place of the nation, financial indicators in addition to efficiency of various inside and exterior sectors and resolve in regards to the Financial Coverage. SBP Governor Jameel Ahmed will announce the financial coverage.
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