The total liquid foreign reserves held by the country stood at US$ 13,020.0 million as of 01-Mar-2024. The break-up of the foreign reserves position is as under:
i) Foreign reserves held by the State Bank of Pakistan: US$ 7,895.7 million
ii) Net foreign reserves held by commercial banks: US$ 5,124.3 million
iii) Total liquid foreign reserves: US$ 13,020.0 million
During the week ended on 01-Mar-2024, SBP’s reserves decreased by US$ 54 million to US$ 7,895.7 million due to debt repayments.