Pakistan's Forex Reserves Decrease by 3.96 Percent

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

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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

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KSE100	166,283.55 167.56M	0.08% 138.20
ALLSHR	100,743.06 606.86M	0.18% 177.75
KSE30	50,481.85 68.41M	-0.03% -14.33
KMI30	238,092.04 74.86M	0.08% 183.16
KMIALLSHR	65,617.46 221.67M	0.08% 53.04
BKTi	45,081.48 14.67M	-0.08% -34.71
OGTi	33,080.66 7.44M	0.16% 54.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	92,675.00	94,440.00 92,030.00	-590.00 -0.63%
BRENT CRUDE	63.45	63.62 62.53	0.78 1.24%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	-0.45 -0.49%
ROTTERDAM COAL MONTHLY	97.00	97.90 97.00	-1.50 -1.52%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	59.86	60.02 58.81	0.91 1.54%
SUGAR #11 WORLD	14.91	15.00 14.78	-0.02 -0.13%