Pakistan's Forex Reserves Increase by USD 557.30 Million

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MG News | August 17, 2019 at 12:55 PM GMT+05:00

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Aug 17, 2019 (MLN): Pakistan's Forex Reserves increased by USD 557.30 Million or 3.71% and the total liquid foreign reserves held by the country stood at USD 15,577.50 Million on Aug 09, 2019.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 535.30 Million.

The increase in SBP’s reserves is mainly due to inflow of US$500 million received from Asian Development Bank (ADB).

Summary of Holding and Weekly Change
Foreign reserves held by Aug 09, 2019 Aug 02, 2019 Change % Change
State Bank of Pakistan 8,264.40 7,729.10 535.30 6.93%
Net Foreign Reserves Held by Banks 7,313.10 7,291.10 22.00 0.30%
Total Liquid Foreign Reserves 15,577.50 15,020.20 557.30 3.71%

Amount in USD Million

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