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Pakistan’s liquid foreign reserves stand at $20,450.9mn: SBP

KARACHI: The total liquid foreign reserves held by the country stood at US$20,450.9 million on December 04, said the State Bank of Pakistan (SBP) in a statement.

The break-up of the foreign reserves position is as under:

i) Foreign reserves held by the State Bank of Pakistan: US$ 15,441.4

ii) Net foreign reserves held by banks: US$    5,009.5

iii) Total liquid foreign reserves: US$ 20,450.9  million

During the week ending December 04, SBP’s liquid FX reserves increased by US$654 million to US$15,441 million, compared to US$14,787 million in the previous week.

The SBP received US$ 918 million from multilateral, bilateral and other official sources, which include US$ 500 million received from World Bank and US$400 million received from Asian Development Bank.

During this period, SBP made payments of US$270 million on account of external debt servicing.

 

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