The total liquid foreign reserves held by the country stood at US$ 14,458.9 million as of 03-May-2024. The break-up of the foreign reserves position is as under:
i) Foreign reserves held by the State Bank of Pakistan: US$ 9,120.3 million
ii) Net foreign reserves held by commercial banks : US$ 5,338.6 million
iii) Total liquid foreign reserves : US$ 14,458.9 million
During the week ended on 03-May-2024, SBP reserves increased by US$ 1,114 million to US$ 9,120.3 million mainly due to receipt of US$1.1 billion from IMF as final tranche under SBA program.