The total liquid foreign reserves held by the country stood at US$ 13,341.4 million as of 19-Jan-2024. The break-up of the foreign reserves position is as under:

• Foreign reserves held by the State Bank of Pakistan: US$ 8,270.5 million
• Net foreign reserves held by commercial banks    : US$ 5,070.9 million
• Total liquid foreign reserves                 : US$ 13,341.4 million

During the week ended on 19-Jan-2024, SBP received IMF tranche under SBA and executed government’s external debt repayments. After accounting for all flows, SBP’s reserves recorded a net increase of US$ 243 million to reach US$ 8,270.5 million.