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MPS Preview: High for Longer

Pakistan’s Forex Reserves down to USD 14.184 Billion

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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 USD 14,184.50 million on October 26, 2018.

Summary of Holding and Weekly Change

Foreign reserves held by Oct 26, 2018 Oct 19, 2018 Change % Change
State Bank of Pakistan 7,776.90 7,825.00 -48.10 -0.61%
Net Foreign Reserves Held by Banks 6,407.60 6,470.80 -63.20 -0.98%
Total Liquid Foreign Reserves 14,184.50 14,295.80 -111.30 -0.78%

Amount in USD Million

According to the SBP its reserves decreased due to external debt servicing and other official payments.

 

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Posted on: 2018-11-01T17:33:00+05:00

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