KARACHI: Total liquid foreign reserves of the country figured $18.55405billion, says State Bank of Pakistan.
SBP’s weekly statement issued here on Thursday said that on March 25, theforeign reserves holding of State Bank were $12,047.3 million. The netforeign reserves held by commercial banks amounted $6,507.2 million.
During the week ending on March 25, SBP reserves decreased by $2,915 millionto $12,047.3 million.
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This decline reflects repayment of external debt, including repayment of amajor syndicated loan facility from China. The rollover of this syndicatedfacility is being processed and is expected shortly.
