Pakistans Liquid FX Reserves at USD 24.46 Billion
MG News | October 20, 2016 at 05:24 PM GMT+05:00
According to figures released by the Central Bank, The total liquid foreign reserves held by the country stood at US$24,461.40 million on Oct 14, 2016.
| Foreign reserves held by | Oct 14, 2016 | Oct 07, 2016 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 19,461.70 | 18,410.20 | 1051.50 | 5.71% |
| Net Foreign Reserves Held by Banks | 4,999.70 | 5,081.90 | -82.20 | -1.62% |
| Total Liquid Foreign Reserves | 24,461.40 | 23,492.10 | 969.30 | 4.13% |
The increase in SBP’s reserves is mainly attributed to proceeds of US$1,000 million against Pakistan Sukuk Bonds.
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