SBP reserves decrease by US$75m

By Newsdesk May26,2022

KARACHI: State Bank of Pakistan said Thursday that Pakistan’s total liquid foreign reserves stood at US$16,149.8 million as of 20 May-2022.

The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank of Pakistan stood US$10,088.6 million while net foreign reserves held by commercial banks remained US$6,061.2 million.

During the week ended on 20 May 2022, SBP reserves decreased by US$75 million to US$10,088.6 million due to external debt repayment.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *