Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$17,397.6 million on 29March2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 10,492.0 million

Net foreign reserves held by commercial banks : US$ 6,905.6 million

Total liquid foreign reserves                  : US$ 17,397.6 million

During the week ending 29March2019, SBP received inflow of RMB 15 billion equivalent to US$2.2 billion as proceeds of the loan obtained by the government of Pakistan from China. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by US$1,931 million during the week.

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