According to SBP, the total liquid foreign reserves held by the country stood at US$18,744.9 million on 30November2017.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 12,660.5 million

Net foreign reserves held by commercial banks : US$ 6,084.4 million

Total liquid foreign reserves             : US$ 18,744.9 million

During the week ending 30November2017, SBP’s reserves decreased by US$887 million to US$12,660.5 million, due to external debt and other official payments. Furthermore, SBP has received US$2,500.0 million on 05December2017 as proceeds from Pakistan Sovereign bonds and Pakistan International Sukuk, after which SBP’s reserves stood at US$14,883.1 million, and total liquid foreign reserves at US$20,986.4 million.