Pakistan’s Forex Reserves decrease by 3.89 percent

According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at US$14,017.8 million on December 21, 2018.

Summary of Holding and Weekly Change

Foreign reserves held byDec 21, 2018Dec 14, 2018Change% Change
State Bank of Pakistan7,457.308,048.30-591.00-7.34%
Net Foreign Reserves Held by Banks6,560.506,536.2024.300.37%
Total Liquid Foreign Reserves14,017.8014,584.50-566.70-3.89%

Amount in USD million

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

Posted on: 2018-12-27T21:33:00+05:00