SBP reserves increased by US$14 million

The total liquid foreign reserves held by the country stood at US$17,595.2 million on 20-December-2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan: US$ 10,907.3 million

Net foreign reserves held by commercial banks : US$ 6,687.

9 million

Total liquid foreign reserves             : US$ 17,595.2 million

During the week ending 20-December-2019, SBP reserves increased by US$14 million to US$10,907.3 million.

On 23-December-2019, SBP received US$452.4 million from International Monetary Fund (IMF) as second tranche under EFF program. These funds will be part of SBP weekly reserves data as of 27-December-2019, to be released on 02-January-2020.

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