Pakistan's Forex Reserves Increase by USD 819.10 Million

MG News | July 09, 2020 at 05:30 PM GMT+05:00

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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.

**Summary of Holding and Weekly Change**
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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