Karachi, April 30, 2020 (PPI-OT): State Bank of Pakistan said on Thursday that the total liquid foreign reserves of Pakistan stood at US$18,463.0 million on 24 April 2020. The bank reported that the break-up of the foreign reserves position was as under:
Foreign reserves held by the State Bank of Pakistan were US$12,070.3 million; Net foreign reserves held by commercial banks were US$6,392.7 million; and total liquid foreign reserves were US$18,463.0 million.
During the week ending 24 April, SBP received US$1.39 billion from IMF under the Rapid Financing Instrument (RFI) to address the economic impact of the Covid-19 shock. SBP has also made government external debt repayments amounting to US$234 million. Overall, during the week, SBP reserves increased by US$1,181 million to US$12,070.3 million.
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