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
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.
| 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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