The total liquid foreign reserves held by the country stood at US$ 13,097.8 million as of 16-Feb-2024. The break-up of the foreign reserves position is as under:
i) Foreign reserves held by the State Bank of Pakistan: US$ 8,012.8 million
ii) Net foreign reserves held by commercial banks : US$ 5,085.0 million
iii) Total liquid foreign reserves : US$ 13,097.8 million
During the week ended on 16-Feb-2024, SBP’s reserves decreased by US$ 44 million to US$ 8,012.8 million due to debt repayments.