SBP reserves increased by US$ 280 million to US$ 4.598 billion

The total liquid foreign reserves held by the country stood at US$ 10,139.2 million as of 17-Mar-2023. The break-up of the foreign reserves position is as under:

  • Foreign reserves held by the State Bank of Pakistan: US$ 4,598.7 million
  • Net foreign reserves held by commercial banks    : US$ 5,540.5 million
  • Total liquid foreign reserves                 : US$ 10,139.2 million

During the week ended on 17-Mar-2023, SBP received US$ 500 million as GoP commercial loan disbursement. After accounting for external debt repayments, SBP reserves increased by US$ 280 million to US$ 4,598.7 million.

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