Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 9,731.1 million as of 19-May-2023. The break-up of the foreign reserves position is as under:

1. Foreign reserves held by the State Bank of Pakistan: US$   4,193.0 million
2. Net foreign reserves held by commercial banks :  US$   5,538.1 million
3. Total liquid foreign reserves                :  US$   9,731.1 million

During the week ended on 19-May-2023, SBP reserves decreased by US$ 119 million to US$ 4,193.0 million due to external debt repayments.