SBP’s reserves decreased by US$ 217 million

The total liquid foreign reserves held by the country stood at US$ 12,302.3 million as of 17-Nov-2023. The break-up of the foreign reserves position is as under:

  1. Foreign reserves held by the State Bank of Pakistan: US$ 7,180.0 million
  2. Net foreign reserves held by commercial banks    : US$ 5,122.3 million
  3. Total liquid foreign reserves                 : US$ 12,302.3 million

During the week ended on 17-Nov-2023, SBP’s reserves decreased by US$ 217 million to US$ 7,180.0 million due to debt repayments.

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