Pakistan’s Liquid Foreign Reserves Position - AsiaNet-Pakistan

Pakistan’s Liquid Foreign Reserves Position

November 12, 2020 | | Share:

Karachi, November 12, 2020 (PPI-OT): State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$19,906.9 million on 06-November-2020. The break-up of the foreign reserves position is as under:

i) Foreign reserves held by the State Bank of Pakistan: US$12,740.5 million

ii) Net foreign reserves held by commercial banks: US$7,166.4 million

iii) Total liquid foreign reserves: US$19,906.9 million

During the week ended 06-November-2020, SBP reserves increased by US$ 558 million to US$ 12,740.5 million. The increase in reserves is mainly attributed to receipt of US$ 500 million as GOP loan proceeds.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk

Category: English, Official News