The total liquid foreign reserves held by the country stood at US$ 13,126.7 million as of 01-Sep-2023. The break-up of the foreign reserves position is as under:
i) Foreign reserves held by the State Bank of Pakistan: US$ 7,779.3 million
ii) Net foreign reserves held by commercial banks : US$ 5,347.4 million
iii) Total liquid foreign reserves : US$ 13,126.7 million
During the week ended on 01-Sep-2023, SBP’s reserves decreased by US$ 70 million to US$ 7,779.3 million on account of debt repayments.