Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 12,655.6 million as of 20-Oct-2023. The break-up of the foreign reserves position is as under:

1. i) Foreign reserves held by the State Bank of Pakistan: US$ 7,494.2 million
2. ii) Net foreign reserves held by commercial banks : US$ 5,161.4 million
3. iii) Total liquid foreign reserves : US$ 12,655.6 million

During the week ended on 20-Oct-2023, SBP’s reserves decreased by US$ 220 million to US$ 7,494.2 million on account of debt repayments.