Pakistan’s Forex Reserves decrease by USD 628 Million

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MG News | October 04, 2018 at 06:12 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$14,893.2 million on Sep 28, 2018.

Summary of Holding and Weekly Change

Foreign reserves held by Sep 28, 2018 Sep 19, 2018 Change % Change
State Bank of Pakistan 8,408.50 9,036.20 -627.70 -6.95%
Net Foreign Reserves Held by Banks 6,484.70 6,485.30 -0.60 -0.01%
Total Liquid Foreign Reserves 14,893.20 15,521.50 -628.30 -4.05%

Amount in USD Million

The State Bank disclosed that it's reserves decreased due to payments on account of external debt servicing.

 

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