KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 8,863.8 million while reserves held by the central bank reached US$ 3,536.9 million.
The State Bank of Pakistan, in a statement issued here on Thursday, informed that foreign reserves of the central bank decreased by US$ 482 million to US$ 3,536.9 million due to external debt repayment in the week ended on June 16, 2023.
Meanwhile, net foreign reserves held by commercial banks stood at US$ 5,326.9 million, it added.
The SBP spokesperson informed that SBP has received US$ 300 million proceeds of GoP commercial loan during the current week but those inflows were not included in the report under review. Those proceeds would be incorporated in the reserves position report as of 23-Jun-2023 to be published in the next week, he added.
In the previous week ending on June 09, 2023, total liquid foreign reserves held by the country was US$ 9,378.2 million. Among them, foreign reserves held by the central bank were US$ 4,018.7 million while net foreign reserves held by commercial banks were US$ 5,359.5 million.