SBP reserves reduced by US $205 million

Muhammad Usman

08th Oct, 2020. 08:48 pm
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Pakistan’s Total Liquid Foreign Reserves Stand at US$ 23.02 billion

Forex Reserves of Pakistan decreased by USD 183.80 Million or 0.94% and the total liquid foreign reserves on October 2, held by Pakistan stood at USD 19,351.00 Million.

The State Bank of Pakistan (SBP) made an external debt payment, during the week ending (2nd October), of US$ 580 million.

SBP reserves reduced by US$ 205 million to US$ 12,154.7 million, including US$ 300 million received from the Asian Development Bank (ADB).

According to the Pakistani commercial banks have $7.19 billion. The country’s total foreign exchange reserves are at the level of $19.35 billion.

Summary of Holding and Weekly Change
Foreign reserves held by	Oct 02, 2020	Sep 25, 2020	Change	% Change
State Bank of Pakistan	12,154.70	12,359.70	-205.00	-1.66%
Net Foreign Reserves Held by Banks	7,196.30	7,175.10	21.20	0.30%
Total Liquid Foreign Reserves	19,351.00	19,534.80	-183.80	-0.94%