Pakistan's Forex Reserves decrease by 3.89 percent

MG News | December 27, 2018 at 09:33 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 US$14,017.8 million on December 21, 2018.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Dec 21, 2018	Dec 14, 2018	Change	% Change
State Bank of Pakistan	7,457.30	8,048.30	-591.00	-7.34%
Net Foreign Reserves Held by Banks	6,560.50	6,536.20	24.30	0.37%
Total Liquid Foreign Reserves	14,017.80	14,584.50	-566.70	-3.89%

Amount in USD million

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

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