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

MPS Preview: High for Longer

Pakistans Liquid FX Reserves at USD 24.46 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$24,461.40 million on Oct 14, 2016.

Foreign reserves held by Oct 14, 2016 Oct 07, 2016 Change % Change

Summary of Holding and Weekly 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.

Posted on: 2016-10-20T17:24:00+05:00