Pakistan's Forex Reserves up 6.04 percent after fund placement by Saudi Arabia

MG News | December 20, 2018 at 10:00 PM GMT+05:00

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According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at USD 14,584.50 million on December 14, 2018.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Dec 14, 2018	Dec 07, 2018	Change	% Change
State Bank of Pakistan	8,048.30	7,260.40	787.90	10.85%
Net Foreign Reserves Held by Banks	6,536.20	6,493.50	42.70	0.66%
Total Liquid Foreign Reserves	14,584.50	13,753.90	830.60	6.04%

Amount in USD Million

SBP received inflow of US$ 1.0 billion from Saudi Arabia. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by US$ 788 million during the week.

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