Pakistan’s liquid foreign reserves decreased by US$ 830 million

The total liquid foreign reserves held by the country stood at US$ 22,742.6 million on 30-April-2021. The break-up of the foreign reserves position is as under: –

Foreign reserves held by the State Bank of Pakistan: US$ 15,597.9 million

Net foreign reserves held by commercial banks    : US$ 7,144.7 million

Total liquid foreign reserves             : US$ 22,742.6 million

During the week ended 30-April-2021, SBP reserves decreased by US$ 830 million to US$ 15,597.9 million. During the week GOP commercial loan of US$ 1.0 billion was paid, whose impact on SBP’s reserves was partially offset by official inflows.

Share:
Posted in Article & Features.

Leave a Reply

Your email address will not be published. Required fields are marked *