The total liquid foreign reserves held by the country stood at US$ 9,731.1 million as of 19-May-2023. The break-up of the foreign reserves position is as under:
Foreign reserves held by the State Bank of Pakistan: US$ 4,193.0 million
Net foreign reserves held by commercial banks : US$ 5,538.1 million
Total liquid foreign reserves : US$ 9,731.1 million
During the week ended on 19-May-2023, SBP reserves decreased by US$ 119 million to US$ 4,193.0 million due to external debt repayments.