Pakistan's Forex Reserves Increase by USD 819.10 Million
MG News | July 09, 2020 at 05:30 PM GMT+05:00
July 09, 2020 (MLN): Pakistan's Forex Reserves increased by USD 819.10 Million or 4.56% and the total liquid foreign reserves held by the country stood at USD 18,790.10 Million on Jul 03, 2020.
According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 810.60 Million. This increase in reserves is primarily attributed to proceeds of US$1,000 million as GOP loan disbursement from China.
During the week, SBP also made government external debt payments of US$ 231.2 million.
| Foreign reserves held by | Jul 03, 2020 | Jun 26, 2020 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 12,041.60 | 11,231.00 | 810.60 | 7.22% |
| Net Foreign Reserves Held by Banks | 6,748.50 | 6,740.00 | 8.50 | 0.13% |
| Total Liquid Foreign Reserves | 18,790.10 | 17,971.00 | 819.10 | 4.56% |
Amount in USD Million
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