Pakistans Liquid FX Reserves increase to USD 20.88 Billion

MG News | April 08, 2016 at 12:06 AM 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$20,884.90 million on Apr 01, 2016.

Summary of Holding and Weekly Change
Foreign reserves held by	Apr 01 2016	Mar 25 2016	Change	% Change
State Bank of Pakistan	16,078.10	15,588.00	490.10	3.14%
Net Foreign Reserves Held by Banks	4,806.80	4,835.60	-28.80	-0.60%
Total Liquid Foreign Reserves	20,884.90	20,423.60	461.30	2.26%

During the week, SBP received US$ 978 million from multilateral, bilateral and other official sources, which include US$503 million received from IMF under EFF and US$ 408 million as financing for Government of Pakistan. While the SBP made payments of US$ 602 million on account of external debt servicing, which includes repayment of US$518 million against Pakistan Sovereign Bond.

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