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

MPS Preview: High for Longer

Pakistans Liquid FX Reserves Continue to Decline

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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.

Posted on: 2015-11-12T18:45:00+05:00