Foreign reserves stands at US$ 25,128.0 million

Lahore

KARACHI:The total liquid foreign reserves held by the country stood at US$ 25,128.0 million on July 16, 2021, said the statement issued by State Bank of Pakistan on Friday.

The break-up of the foreign reserves position is as under: –

i)Foreign reserves held by the State Bank of Pakistan: US$ 18,050.7 million

ii)Net foreign reserves held by commercial banks: US$ 7,077.3 million

iii)Total liquid foreign reserves: US$ 25,128.0 million

During the week ended July 16, 2021, SBP received proceeds of US$ 1,040.8 million against Pakistan Euro Bonds. After accounting for external debt repayments, reserves increased by US$ 845.0 million to US$ 18,050.7 million.

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