SBP reserves fall $169mn to $17.69bn
- By Web Desk -
- Jan 07, 2022
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ResizeKARACHI: The foreign exchange reserves held by the central bank fell US$169 million during the week ending on December 31, according to the data released by the State Bank of Pakistan (SBP) on Thursday.
Sharing a break-up of the foreign reserves position, the central bank said that foreign currency reserves held by the SBP were recorded at $17,680 million, down $169mn compared with 17,855.3 million December 24.
The central bank gave no reason behind the decrease.
The break-up of the foreign reserves position is as under:
- Foreign reserves held by the State Bank of Pakistan: US$17,686.0 million
- Net foreign reserves held by commercial banks: US$6,332.8 million
- Total liquid foreign reserves: US$24,018.8 million
Total liquid foreign #reserves held by the country stood at US$ 24.02 billion as of December 31, 2021. For details: https://t.co/WpSgomnd3v pic.twitter.com/VwP0PHryf9
— SBP (@StateBank_Pak) January 6, 2022