ISLAMABAD:The total liquid foreign reserves held by the country stood at US$ 12,581.7 million as of December 2, 2022, State Bank of Pakistan (SBP) reported on Thursday.
According to breakup figures, the foreign reserves held by the State Bank of Pakistan stood at US$ 6,714.9 million whereas the net foreign reserves held by commercial banks were recorded at US$ 5,866.8 million.
According to the SBP press statement, during the week ended on December 2, 2022, SBP reserves decreased by US$ 784 million to US$ 6,714.9 million.
This decline was on account of the payment of US$ 1,000 million against maturing Pakistan International Sukuk and some other external debt repayments. Some of the debt repayments were offset by inflows, mainly US$ 500 million received from Asian Infrastructure Investment Bank (AIIB).