Commercial Bank’s Reserves Decrease by USD 77.30 Million

July 15, 2021 (MLN): Pakistan's Forex Reserves decreased by USD 102.80 Million or 0.42% and the total liquid foreign reserves held by the country stood at USD 24,312.10 Million on Jul 09, 2021.

According to data published by the State Bank of Pakistan (SBP) its reserves decreased by USD 25.50 Million, however, the SBP announced that it had received USD 1 billion of the government’s tap offering of its recently issued Euro Bond.

After the arrival of the payment its reserves, as of 13 Jul’21, have reached USD 18.2bn which is the highest level since Jan 2017.

 

Summary of Holding and Weekly Change

Foreign reserves held byJul 09, 2021Jul 02, 2021Change% Change
State Bank of Pakistan17,205.6017,231.10-25.50-0.15%
Net Foreign Reserves Held by Banks7,106.507,183.80-77.30-1.08%
Total Liquid Foreign Reserves24,312.1024,414.90-102.80-0.42%

Amount in USD Million

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Posted on: 2021-07-15T18:49:00+05:00

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