Pakistan's Forex Reserves Decrease by USD 45.20 Million

By MG News | June 25, 2020 at 09:00 PM GMT+05:00
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.
Foreign reserves held by | Jun 19, 2020 | Jun 12, 2020 | Change | % Change |
---|---|---|---|---|
State Bank of Pakistan | 9,961.20 | 10,107.10 | -145.90 | -1.44% |
Net Foreign Reserves Held by Banks | 6,768.90 | 6,668.20 | 100.70 | 1.51% |
Total Liquid Foreign Reserves | 16,730.10 | 16,775.30 | -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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