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	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,220.00	109,470.00 103,745.00	-1225.00 -1.13%
BRENT CRUDE	61.34	61.47 60.14	0.28 0.46%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	57.25	57.32 56.15	0.26 0.46%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%