Giving the break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) said that the Foreign reserves held by the State Bank of Pakistan stood at $3,192.9 million while the net foreign reserves held by banks (other than SBP) stood at $4,897.3 million.
During the week ending December, 20, 2013, SBP's Liquid FX Reserves decreased by $275 million to $3,193 million compared to $3,468 million in the previous week.
The decrease in the Central Bank reserves was mainly due to payments of $185 million, of which external debt servicing was $162 million inclusive of $58 million repayment to IMF and other official payments equal to $23 million.
During the week, there was no major inflow from multilateral and bilateral sources.
On the successful completion of first review, disbursement of the second tranche of Extended Fund Facility of $554 million has been received on Dec 23, 2013 and will be reported in the next week reserve position.