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Pakistan’s Liquid Foreign Reserves Increase by Over $300 Million

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Legal Editorial Desk
Pakistan’s Liquid Foreign Reserves Increase by Over $300 Million
The total liquid foreign reserves held by Pakistan stood at $23,520.2 million as of April 23, 2021. The break-up of the foreign reserves position is as under: During the week ended April 23, 2021, the reserves held by the central bank increased by $384 million to $16,427.8 million. The net reserves held by banks other than the SBP fell from $7,168.9 million to $7,092.4 million. The total liquid reserves, however, showed positive change upwards from $23,212.8 million to $23,520.2 million at the end of the week in concern.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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