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

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 bySep 19, 2018Sep 14, 2018Change% Change
State Bank of Pakistan9,036.209,328.80-292.60-3.14%
Net Foreign Reserves Held by Banks6,485.306,461.3024.000.37%
Total Liquid Foreign Reserves15,521.5015,790.10-268.60-1.70%

Amount in USD Million

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

 

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Posted on: 2018-09-27T20:19:00+05:00

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