The State Bank of Pakistan released their Liquid Foreign Exchange reservesreport on Thursday, October 8, 2020, showing a decline of $183 million, or0.93 percent, by 2 October 2020.
The total liquid foreign exchange reserves held by the country stood at$19.351 billion, compared with $19.534 billion in the previous week. Whilethe net reserves with the SBP dropped from $12.359 billion to $12.154billion.
“SBP made external debt repayment of $580 million. After accounting forofficial inflows, including $300 million received from [the] AsianDevelopment Bank (ADB), [the] SBP reserves decreased by $205 million to$12,154.7 million,” the central bank said in a statement.
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The foreign exchange reserves of commercial banks; however, marginally rosefrom $7.175 billion to $7.196 billion.
