The total liquid foreign reserves held by the country stood at US$ 17,300.3 million on 17-April-2020. The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 10,889.2 million

Net foreign reserves held by commercial banks : US$ 6,411.1 million

Total liquid foreign reserves             : US$ 17,300.3 million

During the week ending 17-April-2020, SBP reserves decreased by US$ 85 million to US$ 10,889.2 million. This decline is attributed to government external debt payments of US$145 million.

On 20-April-2020, SBP received US$1.39 billion from International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI) to address the economic impact of the Covid-19 shock. These funds will be part of SBP weekly reserves data as of 24-April-2020, to be released on 30-April-2020.