SBP reserves increased by US$ 1,609 million

The total liquid foreign reserves held by the country stood at US$ 23,720.9 million as of 04-February-2022. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 17,336.8 million
  2. Net foreign reserves held by commercial banks    : US$ 6,384.1 million
  3. Total liquid foreign reserves                 : US$ 23,720.9 million

During the week ended on 04-February-2022, SBP received US$ 1,053 million from IMF under EFF program and proceeds against Pakistan International Sukuk Bond issuance of US$ 1,000 million. After accounting for external debt and other payments, SBP reserves increased by US$ 1,609 million to US$ 17,336.8 million.

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