Pakistans Liquid FX Reserves Decline Further
MG News | November 19, 2015 at 06:12 PM GMT+05:00
According to figures released by the Central Bank, The total liquid foreign reserves held by the country stood at US$19,713 million on Nov 13, 2015.
| Foreign reserves held by | Amount in $ Million | Change |
|---|---|---|
| State Bank of Pakistan | 14,588.70 | -115.50 |
| Net Foreign Reserves Held by Banks | 5,124.30 | 82.20 |
| Total Liquid Foreign Reserves | 19,713.00 | -33.30 |
During the week SBP’s Liquid FX Reserves decreased by US$ 115 million. The decrease is mainly attributed to payments of US$ 89 million on account on external debt servicing and other official payments.
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