SBP reserves continue to increase as on Dec 27

The total liquid foreign reserves held by the country stood at US$ 18,081.4 million on 27-December-2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 11,489.4 million

Net foreign reserves held by commercial banks : US$ 6,592.0 million

Total liquid foreign reserves             : US$ 18,081.

4 million

During the week ending 27-December-2019, SBP reserves increased by US$582 million to US$ 11,489.4 million. This increase is attributed to bilateral and multilateral inflows including proceeds of US$ 452.4 million received from IMF under EFF program.

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