Pakistan’s Forex Reserves decrease by $169.3 mln

April 11, 2019 (MLN): Pakistan’s forex reserves decreased by USD 169.3 million as the total liquid foreign reserves held by the country stood at USD 17,228.3 million on April 5, 2019.

According to data published by the State Bank of Pakistan, its reserves decreased by USD 220.10 million while those held by commercial bank’s increased by USD 50.8 million.

Summary of Holding and Weekly Change (Amount in Million USD)

Foreign Reserves held by

April 5, 2019

March 29, 2019

Change

% Change

State Bank of Pakistan

           10,271.90

             10,492.00

        -220.10

-2.10%

Net Foreign Reserves Held by Banks

             6,956.40

               6,905.60

             50.80

0.74%

Total Liquid Foreign Reserves

           17,228.30

             17,397.60

        -169.30

-0.97%

According to the central bank, its reserves decreased due to external debt servicing and other official payments

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Posted on: 2019-04-11T17:26:00+05:00

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