Saturday, November 26

Pakistan’s Liquid Foreign Reserves Position

Karachi: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:


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


  1. 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.