The total liquid foreign reserves held by the country stood at US$ 9,937.5 million as of 12 May 2023. The break-up of the foreign reserves position is as under:
- Foreign reserves held by the State Bank of Pakistan: US$ 4,311.9 million
- Net foreign reserves held by commercial banks : US$ 5,625.6 million
- Total liquid foreign reserves : US$ 9,937.5 million
During the week ended on 12-May-2023, SBP reserves decreased by US$ 72 million to US$ 4,311.9 million due to external debt repayment.