Pakistan's Forex Reserves Decrease by USD 60.30 Million

MG News | December 26, 2019 at 05:32 PM GMT+05:00

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Dec 26, 2019 (MLN): Pakistan's Forex Reserves decreased by USD 60.30 Million or 0.34% and the total liquid foreign reserves held by the country stood at USD 17,595.20 Million on Dec 20, 2019.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 14.40 Million .

SBP received US$452.4 million from International Monetary Fund (IMF) as second tranche under EFF program. These funds will be part of SBP weekly reserves data as of Dec 27, 2019 to be released on Jan 02, 2020.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Dec 20, 2019	Dec 13, 2019	Change	% Change
State Bank of Pakistan	10,907.30	10,892.90	14.40	0.13%
Net Foreign Reserves Held by Banks	6,687.90	6,762.60	-74.70	-1.10%
Total Liquid Foreign Reserves	17,595.20	17,655.50	-60.30	-0.34%

Amount in USD Million

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