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SBP’s reserves decreased by US$ 173 million

The total liquid foreign reserves held by the country stood at US$ 13,097.6 million as of 2-Feb-2024. The break-up of the foreign reserves position is as under:

Foreign reserves held by the State Bank of Pakistan: US$ 8,044.0 million

Net foreign reserves held by commercial banks    : US$ 5,053.6 million

Total liquid foreign reserves                 : US$ 13,097.6 million

During the week ended on 2-Feb-2024, SBP’s reserves decreased by US$ 173 million to US$ 8,044.0 million due to debt repayments.

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