SBP reserves decreased by US$ 748 million

The total liquid foreign reserves held by the country stood at US$ 14,210.4 million as of 17-Jun-2022. The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 8,237.7 million

Net foreign reserves held by commercial banks    : US$ 5,972.7 million

Total liquid foreign reserves                 : US$ 14,210.4 million

During the week ended on 17-Jun-2022, SBP reserves decreased by US$ 748 million to US$ 8,237.7 million mainly due to external debt repayments. SBP reserves are expected to increase in coming days on realization of proceeds of CDB loan.

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