Pakistan’s Forex Reserves Increase by USD 650.70 Million

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 byJul 30, 2020Jul 24, 2020Change% Change
State Bank of Pakistan12,542.2011,975.60566.604.73%
Net Foreign Reserves Held by Banks7,020.706,936.6084.101.21%
Total Liquid Foreign Reserves19,562.9018,912.20650.703.44%

Amount in USD Million

Copyright Mettis Link News

Posted on: 2020-08-06T17:48:00+05:00

36170