Pakistan's Forex Reserves Increase by USD 650.70 Million

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MG News | August 06, 2020 at 05:48 PM GMT+05:00

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August 06, 2020 (MLN): Pakistan's Forex Reserves increased by USD 650.70 Million or 3.44% and the total liquid foreign reserves held by the country stood at USD 19,562.90 Million on Jul 30, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 566.60 Million. The increase is attributed to inflows from multilateral and bilateral agencies including US$ 505.5 million received from World Bank.

Summary of Holding and Weekly Change
Foreign reserves held by Jul 30, 2020 Jul 24, 2020 Change % Change
State Bank of Pakistan 12,542.20 11,975.60 566.60 4.73%
Net Foreign Reserves Held by Banks 7,020.70 6,936.60 84.10 1.21%
Total Liquid Foreign Reserves 19,562.90 18,912.20 650.70 3.44%

Amount in USD Million

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