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.
| 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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