Pakistan foreign reserves decreased by US$ 1,646 million

According to State Bank of Pakistan dated October 21, 2021, the total liquid foreign reserves held by the country stood at US$ 24,327.4 million on 15-October-2021. The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 17,492.2 million

Net foreign reserves held by commercial banks    : US$ 6,835.2 million

Total liquid foreign reserves             : US$ 24,327.4 million

During the week ended 15-October-2021, SBP reserves decreased by US$ 1,646 million to US$ 17,492.2 million, mainly due to external debt repayment that included repayment of US$ 1,000 million against Pakistan International Sukuk.

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