Pakistan's Forex Reserves decrease by 3.89 percent

By MG News | December 27, 2018 at 09:33 PM GMT+05:00
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.
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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