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The SBP’s reserves fell by US$ 415 million, owing to the repayment of external debt

On December 17, 2021, the country’s total liquid foreign reserves were US$ 24,633.0 million. The following is a breakdown of the foreign reserves position:

Foreign reserves held by the State Bank of Pakistan: US$ 18,153.7 million

Net foreign reserves held by commercial banks    : US$ 6,479.3 million

Total liquid foreign reserves                 : US$ 24,633.0 million

Also read: The SBP’s reserves have shrunk by $90 million

During the week ended 17-December-2021, SBP reserves decreased by US$ 415 million to US$ 18,153.7 million, mainly due to external debt repayment.

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