Pakistans Liquid FX Reserves Decline Further

MG News | November 19, 2015 at 06:12 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$19,713 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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