Pakistan’s total liquid foreign reserves increased

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The total liquid foreign reserves held by the country stood at US$ 17,971.0 million on 26-June-2020. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 11,231.0 million
  2. Net foreign reserves held by commercial banks : US$ 6,740.0 million
  3. Total liquid foreign reserves                 : US$ 17,971.0 million

During the week ended 26-June-2020, SBP received around US$2,046 million official inflows, including $737 million from World Bank, US$503 million from Asian Development Bank, US$500 million from Asian Infrastructure Investment Bank and US$300 million as GOP loan disbursement from China.

After incorporating government external debt payments of US$ 809 million, SBP reserves increased by US$ 1,270 million to US$ 11,231.0 million.

During the current week, SBP has received additional US$1,000 million as GOP loan disbursement from China. These funds will be part of SBP weekly reserves data as of 03-July-2020 to be released on 09-July-2020.


 

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