Pakistan’s Liquid Foreign Reserves Position : AsiaNet-Pakistan

Pakistan’s Liquid Foreign Reserves Position

December 12, 2019 | General, Official News | Share:

Karachi, December 12, 2019 (PPI-OT): State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$16,048.1 million on 06-December-2019. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 9,233.6 million

ii) Net foreign reserves held by commercial banks: US$ 6,814.5 million

iii) Total liquid foreign reserves: US$ 16,048.1 million

During the week ending 06-December-2019, SBP made a repayment of Pakistan International Sukuk of US$1,000 million. After accounting for multilateral and other official inflows during the week, SBP reserves increased by US$121 million to US$9,233.6 million. On 09-December-2019, SBP received US$1,300 million from Asian Development Bank. These funds will be part of the SBP weekly reserves data as of 13-December-2019, to be released on the 19th December 2019.

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

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Category: General, Official News