Pakistan’s Forex Reserves Decrease by USD 45.20 Million

    Jun 25, 2020 (MLN): Pakistan's Forex Reserves decreased by USD 45.20 Million or 0.27% and the total liquid foreign reserves held by the country stood at USD 16,730.10 Million on Jun 19, 2020.

    According to data published by the State Bank of Pakistan (SBP) its reserves decreased by USD 145.90 Million. This decline is attributed to government external debt payments of US$ 244.5 million.

    Summary of Holding and Weekly Change

    Foreign reserves held byJun 19, 2020Jun 12, 2020Change% Change
    State Bank of Pakistan9,961.2010,107.10-145.90-1.44%
    Net Foreign Reserves Held by Banks6,768.906,668.20100.701.51%
    Total Liquid Foreign Reserves16,730.1016,775.30-45.20-0.27%

    Amount in USD Million

    During the current week, SBP has received around US$1,725 million, including US$725 million from the World Bank, US$500 million from Asian Development Bank and US$500 million from Asian Infrastructure Investment Bank. These funds will be part of SBP weekly reserves data as of  June 26, 2020 to be released on July 02, 2020.

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    Posted on: 2020-06-25T21:00:00+05:00