SBP reserves decreased by US$ 470 million

The total liquid foreign reserves held by the country stood at US$ 17,028.1 million as of 08-April-2022. The break-up of the foreign reserves position is as under:-

  • Foreign reserves held by the State Bank of Pakistan: US$ 10,849.6 million
  • Net foreign reserves held by commercial banks    : US$ 6,178.5 million
  • Total liquid foreign reserves                 : US$ 17,028.1 million

During the week ended on 08-April -2022, SBP reserves decreased by US$ 470 million to US$ 10,849.6 million, mainly due to external debt repayments.

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Posted in Banking & Insurance News.

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