SBP reserves down by $415m

Lahore: State Bank of Pakistan (SBP) reserves decreased by US$ 415 million to US$ 18,153.7 million, mainly due to external debt repayment.

The total liquid foreign reserves held by the country stood at US$ 24,633.0 million on 17-December-2021. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 18,153.7 million

ii) Net foreign reserves held by commercial banks : US$ 6,479.3 million

iii) Total liquid foreign reserves : US$ 24,633.0 million

During the week ended 17-December-2021, SBP reserves decreased by US$ 415 million to US$ 18,153.7 million, mainly due to external debt repayment.