According to a release issued by the central bank, the total liquid foreign reserves held by the country stood at US$ 19,903.7 million on 18-September-2020.
Giving a break-up of the foreign reserves position, the state bank holds reserves of US$ 12,701.6 million as compared to US$7,202.1 million reserves held by commercial banks.
Earlier on September 17, the State Bank of Pakistan’s (SBP) net reserves increased by $13 million to $12.82 billion during the week ending on 11th of September.
Detailing the position of the reserves, the SBP, in a statement said that the overall foreign reserves of the country stood at $19.95 billion.
Giving its breakup, it said that the SBP currently held the foreign reserves of up to $12.82 billion and $7.13 billion reserves held by the commercial banks.
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