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MPS Preview: High for Longer

Pakistan’s Forex Reserves Increase by 12.43 Percent

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April 4, 2019: Pakistan’s reserves increased by USD1,923.70 Million as the total liquid foreign reserves held by the country stood at USD 17,397.60 million on March 29, 2019.

According to the State Bank of Pakistan, during the week it received inflow of RMB 15 billion equivalent to US$2.2 billion as proceeds of the loan obtained by the government of Pakistan from China.

Summary of Holding and Weekly Change

Foreign reserves held by Mar 29, 2019 Mar 22, 2019 Change % Change
State Bank of Pakistan 10,492.00 8,560.90 1931.10 22.56%
Net Foreign Reserves Held by Banks 6,905.60 6,913.00 -7.40 -0.11%
Total Liquid Foreign Reserves 17,397.60 15,473.90 1923.70 12.43%

Amount in USD million

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Posted on: 2019-04-04T18:50:00+05:00

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