The total liquid foreign reserves held by the country stood at US$ 9,990.4 million as of 05 May 2023. The break-up of the foreign reserves position is as under:

• Foreign reserves held by the State Bank of Pakistan: US$ 4,383.4 million
• Net foreign reserves held by commercial banks: US$ 5,607.0 million
• Total liquid foreign reserves: US$ 9,990.4 million

During the week ended on 05-May-2023, SBP reserves decreased by US$ 74 million to US$ 4,383.4 million due to external debt repayment.