Pakistan’s Forex Reserves decrease by USD 41.10 Million

According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at USD 14,852.10 million on Oct 05, 2018

Summary of Holding and Weekly Change

Foreign reserves held byOct 05, 2018Sep 28, 2018Change% Change
State Bank of Pakistan8,307.808,408.50-100.70-1.20%
Net Foreign Reserves Held by Banks6,544.306,484.7059.600.92%
Total Liquid Foreign Reserves14,852.1014,893.20-41.10-0.28%

Amount in USD Million

The SBP attributed the decline in its reserves to external debt servicing and other official payments.

 

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Posted on: 2018-10-11T21:35:00+05:00

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