Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Forex Reserves Increase by USD 989.90 Million

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Jul 18, 2019 (MLN): Pakistan's Forex Reserves increased by USD 989.90 Million or 6.94% and the total liquid foreign reserves held by the country stood at USD 15,249.20 Million on Jul 12, 2019.

During the outgoing week, SBP received the first tranche of USD 991.4 million from IMF. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by USD918 million.

Summary of Holding and Weekly Change

Foreign reserves held by Jul 12, 2019 Jul 05, 2019 Change % Change
State Bank of Pakistan 8,001.30 7,083.60 917.70 12.96%
Net Foreign Reserves Held by Banks 7,247.90 7,175.70 72.20 1.01%
Total Liquid Foreign Reserves 15,249.20 14,259.30 989.90 6.94%

Amount in USD Million

Copyright Mettis Link News

Posted on: 2019-07-18T18:10:00+05:00

29011