Pakistan's Foreign Exchange Reserves Decline by $ 285.90 Million

MG News | February 01, 2018 at 08:41 PM GMT+05:00
According to Figures released by the SBP, the total liquid foreign reserves held by the country stood at US$19,354.5 million on Jan 26, 2018
Foreign reserves held by | Jan 26, 2018 | Jan 19, 2018 | Change | % Change |
---|---|---|---|---|
State Bank of Pakistan | 13,234.00 | 13,532.80 | -298.80 | -2.21% |
Net Foreign Reserves Held by Banks | 6,120.50 | 6,107.60 | 12.90 | 0.21% |
Total Liquid Foreign Reserves | 19,354.50 | 19,640.40 | -285.90 | -1.46% |
Amount in USD Million.
According to the statement, SBP’s reserves decreased due to external debt servicing and other official payments.
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