Giving the break-up of the foreign reserves position a statement of the State Bank said Thursday that the foreign reserves held by the State Bank stood at $3,467.2 million while the Net foreign reserves held by banks (other than SBP) were $4,849.7 million on January 10,2014.
During the week ending Jan 10,2014, SBP's Liquid FX Reserves increased by $222 million to $3,467 million compared to $3,245 million in the previous week.
The increase in the Central Bank reserves is partly attributed to US$58 million received from multilateral and bilateral sources; which include US$35 million from USAID and US$23 million from other multilateral institutions.
On account of external debt servicing and other official payments, SBP has made payments of US$36 million, of which US$26 million was paid to IMF, from its reserves during the week ending Jan 10,2014.