SBP reserves decreased by US$ 146 million

The total liquid foreign reserves held by the country stood at US$ 16,730.1 million on 19-June-2020. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 9,961.2 million
  2. Net foreign reserves held by commercial banks : US$ 6,768.9 million
  3. Total liquid foreign reserves                 : US$ 16,730.1 million

During the week ended 19-June-2020, SBP reserves decreased by US$ 146 million to US$ 9,961.2 million. This decline is attributed to government external debt payments of US$ 244.5 million.

During the current week, SBP has received around US$1,725 million, including US$725 million from the World Bank, US$500 million from Asian Development Bank and US$500 million from Asian Infrastructure Investment Bank. These funds will be part of SBP weekly reserves data as of 26-June-2020 to be released on 02-July-2020.

Sharing is caring

Leave a Reply