Pakistan’s liquid foreign reserves reach US$20,054.2 mn, says SBP
The break-up of the foreign reserves position is as under:
i) Foreign reserves held by the State Bank of Pakistan: US$ 15,202.0 million
ii) Net foreign reserves held by banks : US$ 4,852.2 million
iii) Total liquid foreign reserves : US$ 20,054.2 million
During the week ending on October 2, SBP’s Liquid FX Reserves increased by US$1,794 million to US$15,202 million, compared to US$13,408 million in the previous week.
During the week, SBP received US$505 million from IMF under EFF, US$500 million as proceeds of Pakistan International Bonds, US$376 million under Coalition Support Fund (CSF) and US$263 million as syndicate financing for Government of Pakistan.