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SBP reserves decline

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Staff Reporter

Karachi

The total liquid foreign reserves held by the country stood at US$ 18,743.0 million on 13-March-2020. Foreign reserves held by the State Bank of Pakistan stood at $12.679 billion. Net foreign reserves held by commercial banks stood at $ 6.063 billion. During the week ending 13-March, SBP reserves declined by $110 million to $ 12.679 billion. This decline in SBP reserves is attributed to repayments related to external government debt, Hajj and other official payments during the week.

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