Pakistan’s Forex Reserves decrease by USD 628 Million

MG News | October 04, 2018 at 06:12 PM GMT+05:00
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.
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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