Pakistan’s Forex Reserves continue to decline as SBP Reserves fall by 3.14% in one week

MG News | September 27, 2018 at 08:19 PM GMT+05:00

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According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at USD 15,521.5 million on Sep 19, 2018.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Sep 19, 2018	Sep 14, 2018	Change	% Change
State Bank of Pakistan	9,036.20	9,328.80	-292.60	-3.14%
Net Foreign Reserves Held by Banks	6,485.30	6,461.30	24.00	0.37%
Total Liquid Foreign Reserves	15,521.50	15,790.10	-268.60	-1.70%

Amount in USD Million

According to SBP, it’s reserves decreased due to external debt servicing and other official payments.

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