SBP reserves decreased by US$ 1,712 million

The total liquid foreign reserves held by the country stood at US$ 16,920.1 million on 29-May-2020. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 10,362.1 million
  2. Net foreign reserves held by commercial banks : US$ 6,558.0 million
  3. Total liquid foreign reserves                 : US$ 16,920.1 million

During the week ended 29-May-2020, SBP reserves decreased by US$ 1,712 million to US$ 10,362.1 million. This decline is primarily attributed to Government external debt repayments of US$ 1,669.1 million.


 

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