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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Pakistan’s Forex Reserves Jump 11.66 percent

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January 31, 2019 (MLN): The total liquid foreign reserves held by the country stood at USD 14,802.50 Million on Jan 25, 2019 after SBP received inflows of US$1,000 million each from Saudi Arabia and UAE as placement of funds.

Summary of Holding and Weekly Change

Foreign reserves held by Jan 25, 2019 Jan 18, 2019 Change % Change
State Bank of Pakistan 8,154.30 6,636.10 1518.20 22.88%
Net Foreign Reserves Held by Banks 6,648.20 6,621.10 27.10 0.41%
Total Liquid Foreign Reserves 14,802.50 13,257.20 1545.30 11.66%

Amount in USD Million

After taking into account outflows relating to external debt and other official payments, SBP reserves increased by US$1,518 million during the week.

 

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Posted on: 2019-01-31T19:57:00+05:00

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