Pakistan's Forex Reserves Increase by USD 486.20 Million

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MG News | January 02, 2020 at 08:20 PM GMT+05:00

Jan 02, 2020 (MLN): Pakistan's Forex Reserves increased by USD 486.20 Million or 2.76% and the total liquid foreign reserves held by the country stood at USD 18,081.40 Million on Dec 27, 2019.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 582.10 Million, this increase is attributed to bilateral and multilateral inflows including proceeds of US$ 452.4 million received from IMF under EFF program.

Summary of Holding and Weekly Change

Foreign reserves held by Dec 27, 2019 Dec 20, 2019 Change % Change
State Bank of Pakistan 11,489.40 10,907.30 582.10 5.34%
Net Foreign Reserves Held by Banks 6,592.00 6,687.90 -95.90 -1.43%
Total Liquid Foreign Reserves 18,081.40 17,595.20 486.20 2.76%

Amount in USD Million

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