Pakistan's Forex Reserves Increase by USD 118.50 Million

MG News | September 10, 2020 at 07:30 PM GMT+05:00

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September 10, 2020 (MLN): Pakistan's Forex Reserves increased by USD 118.50 Million or 0.6% and the total liquid foreign reserves held by the country stood at USD 19,961.30 Million on Sep 04, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 95.10 Million. The increase in reserves is mainly attributed to proceeds of US$ 121 million from Asian Development Bank (ADB).

**Summary of Holding and Weekly Change**
Foreign reserves held by	Sep 04, 2020	Aug 28, 2020	Change	% Change
State Bank of Pakistan	12,807.80	12,712.70	95.10	0.75%
Net Foreign Reserves Held by Banks	7,153.50	7,130.10	23.40	0.33%
Total Liquid Foreign Reserves	19,961.30	19,842.80	118.50	0.60%

Amount in USD Million

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