Giving the break-up of the foreign reserves position, a statement of the Central Bank issued on Thursday said that Foreign reserves held by the State Bank of Pakistan stood at US$ 12,364.0 million while Net foreign reserves held by banks were US$ 5,127.0 million on April,17.
During the week ending April 17, 2015,SBP's Liquid FX Reserves increased by US$605 million to US$12,364 million, compared to US$11,759 million in the previous week.
The increase in reserves in mainly attributed to receipts of privatization proceeds of Habib Bank Limited, the state bank said.
It further said that during the week SBP made payments of US$ 270 million on account of external debt servicing and other official payments.