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 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.

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

25023