Pakistan’s liquid foreign reserves on the rise

The total liquid foreign reserves held by the country stood at US$15,577.5 million on 09August2019. The break-up of the foreign reserves position is as under:-

  • Foreign reserves held by the State Bank of Pakistan : US$ 8,264.4 million
  • Net foreign reserves held by commercial banks : US$ 7,313.

    1 million
  • Total liquid foreign reserves             : US$ 15,577.5 million

During the week ending 09August2019, SBP’s reserves increased by US$535 million to US$8,264.4 million. The increase in SBP’s reserves is mainly due to inflow of US$500 million received from Asian Development Bank (ADB).

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