Pakistan’s reserves increased by US$ 845.0 million

The total liquid foreign reserves held by the country stood at US$ 25,128.0 million on 16-Jul-2021. The break-up of the foreign reserves position is as under: –

  • Foreign reserves held by the State Bank of Pakistan: US$ 18,050.7 million
  • Net foreign reserves held by commercial banks    : US$ 7,077.3 million
  • Total liquid foreign reserves                 : US$ 25,128.0 million

During the week ended 16-Jul-2021, SBP received proceeds of US$ 1,040.8 million against Pakistan Euro Bonds. After accounting for external debt repayments, reserves increased by US$ 845.0 million to US$ 18,050.7 million.

Posted in Article & Features.

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