KARACHI: Reserves held by the State Bank of Pakistan declined $85 million to $10.9 billion on account of external debt payments during the week ended on Apr 17.

“This decline is attributed to government external debt payments of $145m,” the press release noted, which also clarified that inflows from the International Monetary Fund are not included in these figures yet as they were received on Apr 20 and will be part of the Apr 30 data.

Total liquid reserves of the country stood at $17.3bn while holdings of the commercial banks were $6.411bn during the period. 

Published in Dawn, April 24th, 2020