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

CPI Preview: Inflation to fall below 14% YoY in May

Pakistans Liquid FX Reserves at USD 22.43 Billion

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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

Summary of Holding and Weekly 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.

Posted on: 2017-02-02T17:42:00+05:00