Pakistan’s Liquid Foreign Reserves falls

The total liquid foreign reserves held by the country stood at US$ 16,988.2 million on 03-April-2020. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 10,722.5 million
  2. Net foreign reserves held by commercial banks : US$ 6,265.7 million
  3. Total liquid foreign reserves                 : US$ 16,988.2 million

During the week ending 03-April-2020, SBP reserves decreased by US$463 million to US$ 10,722.5 million. This decline is attributed to external debt repayments of US$465 million.


 

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