Net reserves have steadily risen since, reaching $12.2 billion in early May, before falling again, mostly on account of external debt repayments. These funds will be part of SBP weekly reserves data as of June 26, which will be released on July 2. As for the recent marginal drop, the SBP said the decline is attributed to government external debt payments of $244.5 million. Net foreign reserves held by commercial banks increased very slightly, from $6.66 billion to $6.76 billion. The total liquid foreign reserves held by the country fell marginally from $16.77 billion in the week ending June 19, to $16.73 billion during the week under review.

Source: Pakistan Today June 25, 2020 17:02 UTC