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	174,429.93 266.16M	-0.97% -1703.64
ALLSHR	105,686.64 690.97M	-0.83% -882.18
KSE30	52,098.85 92.59M	-1.07% -565.05
KMI30	245,280.51 99.76M	-1.03% -2557.91
KMIALLSHR	67,681.60 339.32M	-0.84% -574.20
BKTi	49,745.96 31.42M	-0.99% -497.94
OGTi	34,431.76 6.26M	-0.55% -190.66

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,145.00	66,840.00 65,780.00	-375.00 -0.56%
BRENT CRUDE	94.34	95.47 91.31	3.33 3.66%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.75 -0.70%
ROTTERDAM COAL MONTHLY	119.65	0.00 0.00	-0.45 -0.37%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	87.21	88.61 84.44	2.87 3.40%
SUGAR #11 WORLD	14.79	14.94 14.76	-0.09 -0.60%