SBP reserves increased to US$ 12.070.3bn

The total liquid foreign reserves held by the country stood at US$ 18,463.0 million on 24-April-2020. The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 12,070.3 million
  2. Net foreign reserves held by commercial banks : US$ 6,392.7 million
  3. Total liquid foreign reserves                 : US$ 18,463.0 million

During the week ending 24-April-2020, SBP received US$1.39 billion from IMF under the Rapid Financing Instrument (RFI) to address the economic impact of the Covid-19 shock. SBP has also made government external debt repayments amounting to US$ 234 million. Overall, during the week, SBP reserves increased by US$ 1,181 million to US$ 12,070.3 million.

 


 

Sharing is caring

Leave a Reply