Pakistan’s foreign reserves fall last week: SBP

According to the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country was decreased and stood at US$ 20,058.6 million on 12-February-2021.

The break-up of the foreign reserves position is as under: –

Foreign reserves held by the State Bank of Pakistan: US$ 12,889.7 million

Net foreign reserves held by commercial banks: US$ 7,168.9 million

Total liquid foreign reserves                 : US$ 20,058.6 million

During the week ended 12-February-2021, SBP reserves decreased by US$ 59 million to US$ 12,889.7 million due to external debt repayment.

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