SBP reserves decreased due to external debt repayment

The total liquid foreign reserves held by the country stood at US$ 22,773.8 million on 19-November-2021.

The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan:
    US$ 16,254.1 million
  2. Net foreign reserves held by commercial banks:
    US$   6,519.7 million
  3. Total liquid foreign reserves                                
         : US$ 22,773.8 million

During the week ended 19-November-2021, SBP reserves decreased by US$ 691 million to US$ 16,254.1 million, mainly due to external debt repayment.

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