Pakistan’s liquid foreign reserves increased

The total liquid foreign reserves held by the country stood at US$17,655.5 million on 13-December-2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 10,892.9 million

Net foreign reserves held by commercial banks : US$ 6,762.

6 million

Total liquid foreign reserves             : US$ 17,655.5 million

During the week ending 13-December-2019, SBP reserves increased by US$ 1,659 million to US$ 10,892.9 million. This increase is attributed to multilateral and other official inflows including proceeds of US$1,300 million received from Asian Development Bank.

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