Pakistan's Forex Reserves Decrease by 3.96 Percent

MG News | April 02, 2020 at 07:05 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Apr 02, 2020 (MLN): Pakistan's Forex Reserves decreased by USD 717.60 Million or 3.96% and the total liquid foreign reserves held by the country stood at USD 17,387.50 Million on Mar 27, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves decreased by USD 803.60 Million. This decline is attributed primarily to government external debt payments, that amounted to US$441 million, and other official payments.

However, reserves held by commercial banks increased by USD 86 million.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Mar 27, 2020	Mar 20, 2020	Change	% Change
State Bank of Pakistan	11,185.60	11,989.20	-803.60	-6.70%
Net Foreign Reserves Held by Banks	6,201.90	6,115.90	86.00	1.41%
Total Liquid Foreign Reserves	17,387.50	18,105.10	-717.60	-3.96%

Amount in USD Million

Copyright Mettis Link News

Related News

PKR marks 185th straight gain vs USD

NBP issues foreign exchange rates

PKR holds firm against USD

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,280.00	61,900.00 60,590.00	1445.00 2.42%
BRENT CRUDE	73.10	73.51 72.06	-0.64 -0.87%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.50	0.00 0.00	0.60 0.48%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	69.82	70.21 68.90	-0.52 -0.74%
SUGAR #11 WORLD	14.10	14.11 13.86	0.08 0.57%