Pakistans Liquid FX Reserves at USD 22.43 Billion
MG News | February 02, 2017 at 05:42 PM GMT+05:00
According to figures released by the Central Bank, The total liquid foreign reserves held by the country stood at US$22,434.90 million on Jan 27, 2017.
| Foreign reserves held by | Jan 27, 2017 | Jan 20, 2017 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 17,593.80 | 18,383.50 | -789.70 | -4.30% |
| Net Foreign Reserves Held by Banks | 4,841.10 | 4,862.70 | -21.60 | -0.44% |
| Total Liquid Foreign Reserves | 22,434.90 | 23,246.20 | -811.30 | -3.49% |
The decrease in SBP's reserves is mainly attributed to external debt servicing, including US$500 million loan repayment to State Administration of Foreign Exchange (SAFE), China.
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