4 days ago
- Business
- Business Recorder
SBP-held foreign exchange reserves decrease $7mn to $11.51bn
Foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $7 million on a weekly basis, reaching $11.51 billion as of May 30, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $16.60 billion. Net foreign reserves held by commercial banks amounted to $5.09 billion.
'During the week ended on 30-May-2025, SBP reserves decreased by US$ 7 million to US$ 11,508.8 million,' the central bank said.
Last week, SBP-held reserves had increased by over $1 billion after the receipt of the second tranche under the International Monetary Fund's (IMF) Extended Fund Facility (EFF).
The IMF had disbursed SDR 760 million, equivalent to around $1.02 billion, after completing the first review of the EFF programme earlier in May.
