SBP reserves down by $691m

 

Lahore: State Bank of Pakistan (SBP) reserves have decreased by US$ 691 million to US$ 16,254.1 million, mainly due to external debt repayment.

The total liquid foreign reserves held by the country stood at US$ 22,773.8 million on 19-November-2021. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 16,254.1 million
ii) Net foreign reserves held by commercial banks : US$ 6,519.7 million
iii) Total liquid foreign reserves : US$ 22,773.8 million

During the week ended 19-November-2021, SBP reserves decreased by US$ 691 million to US$ 16,254.1 million, mainly due to external debt repayment.

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