Pakistan's Forex Reserves decrease by USD 292 Million

MG News | August 16, 2018 at 07:21 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$16,712.8 million on Aug 10, 2018

**Summary of Holding and Weekly Change**
Foreign reserves held by	Aug 10, 2018	Aug 03, 2018	Change	% Change
State Bank of Pakistan	10,152.60	10,369.10	-216.50	-2.09%
Net Foreign Reserves Held by Banks	6,560.20	6,635.90	-75.70	-1.14%
Total Liquid Foreign Reserves	16,712.80	17,005.00	-292.20	-1.72%

Amount in USD Million

According to the SBP, its reserves decreased due to external debt servicing and other official payments.

Pakistan's FX Reserves are down by USD3.229 Billion, or 16.19%, compared to the corresponding period from last year (Aug 11, 2017). The country's forex reserves reached an all time high of USD 24.46 Billion in October 2016.

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Name	Price/Vol	%Chg/NChg
KSE100	167,970.66 232.94M	-1.49% -2541.20
ALLSHR	101,619.88 568.01M	-1.53% -1583.92
KSE30	50,088.38 75.22M	-1.48% -750.85
KMI30	239,957.11 86.73M	-1.35% -3288.50
KMIALLSHR	65,918.14 290.52M	-1.46% -974.01
BKTi	46,692.31 37.36M	-1.72% -817.24
OGTi	34,451.19 11.52M	-0.97% -338.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,995.00	79,135.00 76,375.00	1565.00 2.02%
BRENT CRUDE	105.93	109.80 105.17	1.32 1.26%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	3.40 2.69%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	0.95 0.68%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	101.53	104.95 100.79	1.48 1.48%
SUGAR #11 WORLD	18.16	18.39 17.96	0.01 0.06%