Pakistan’s liquid foreign reserves stand at $10,139.2m

F.P. Report

KARACH: State Bank of Pakista informed on Thursday that the total liquid foreign reserves held by the country stood at US$10,139.2 million as of 17 Mar-2023.

The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank of Pakistan are US$4,598.7 million; Net foreign reserves held by commercial banks remains US$ 5,540.5 million; and total liquid foreign reserves stood at US$10,139.2 million.

During the week ended on 17-Mar 2023, SBP received US$500 million as GoP commercial loan disbursement. After accounting for external debt repayments, SBP reserves increased by US$280 million to US$ 4,598.7 million.