Pakistans Liquid FX Reserves Continue to Decline

MG News | November 12, 2015 at 06:45 PM GMT+05:00

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According to figures released by the Central Bank, The total liquid foreign reserves held by the country stood at US$19,746.30 million on Nov 06, 2015.

Foreign reserves held by	Amount in $ Million	Change
State Bank of Pakistan	14,704.20	-116.60
Net Foreign Reserves Held by Banks	5,042.10	51.30
Total Liquid Foreign Reserves	19,746.30	-65.30

According to the SBP the decrease in reserves is mainly attributed to payments of US$108 million on account on external debt servicing.

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