Karachi: The State Bank of Pakistan (SBP) reported a modest increase in its liquid foreign exchange reserves by USD 19 million, totaling USD 9.291 billion as of August 16, 2024. This increase contributes to the nation’s cautious yet positive trajectory towards enhanced financial stability.
According to Zameen.Com, the overall liquid foreign exchange reserves in Pakistan have reached USD 14.667 billion. The commercial banks account for USD 5.375 billion of this total. This gradual build-up in reserves is viewed as a constructive development in fortifying Pakistan’s financial position amid a fluctuating economic landscape.