Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 14,065.3 million as of 14-Jul-2023. The break-up of the foreign reserves position is as under:

1. Foreign reserves held by the State Bank of Pakistan: US$    8,727.2 million
2. Net foreign reserves held by commercial banks :  US$    5,338.1 million
3. Total liquid foreign reserves                :  US$    14,065.3 million

During the week ended on 14-Jul-2023, SBP received US$ 2.0 billion from the Kingdom of Saudi Arabia, US$1.2 billion from IMF, and US$ 1.0 billion from the United Arab Emirates. Consequently, SBP reserves increased by US$ 4,203 million to US$ 8,727.2 million.