SBP’s reserves decreased by US$ 157 million – ADB $1.5 bn would be reflected next week

The total liquid foreign reserves held by the country stood at US$ 13,162.2 million as of 21-Oct-2022. The break-up of the foreign reserves position is as under:-

  • Foreign reserves held by the State Bank of Pakistan: US$ 7,439.9 million
  • Net foreign reserves held by commercial banks    : US$ 5,722.3 million
  • Total liquid foreign reserves                 : US$ 13,162.2 million

During the week ended on 21-Oct-2022, SBP’s reserves decreased by US$ 157 million to US$ 7,439.9 million due to external debt repayment.

SBP has received US$ 1.5 billion from ADB in value 26-Oct-2022 as disbursement of loan for the Government of Pakistan. These proceeds will be reflected in SBP reserves for the week ending 28-Oct-2022.

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