Pakistan’s Liquid Foreign Reserves Position

  • Post author:
  • Post category:Uncategorized
  • Reading time:1 mins read

The total liquid foreign reserves held by the country stood at US$16,048.1 million on 06-December-2019.The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan : US$ 9,233.6 million
  2. Net foreign reserves held by commercial banks : US$ 6,814.5 million
  3. Total liquid foreign reserves             : US$ 16,048.1 million

During the week ending 06-December-2019, SBP made a repayment of Pakistan International Sukuk of US$1,000 million. After accounting for multilateral and other official inflows during the week, SBP reserves increased by US$121 million to US$9,233.6 million.

On 09-December-2019, SBP received US$1,300 million from Asian Development Bank. These funds will be part of the SBP weekly reserves data as of 13-December-2019, to be released on 19-December-2019.

Sharing is caring

Leave a Reply