Pakistans Liquid FX Reserves Rise to USD 20.70 Billion
MG News | December 17, 2015 at 05:23 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$20,709.30 million on Dec 11, 2015.
| Foreign reserves held by | Amount in $ Million | Change |
|---|---|---|
| State Bank of Pakistan | 15,719.30 | 277.90 |
| Net Foreign Reserves Held by Banks | 4,990.00 | -19.50 |
| Total Liquid Foreign Reserves | 20,709.30 | 258.40 |
The increase in SBP reserves is attributed to receipts of US$300 million on account of long-term syndicated financing for Government of Pakistan.
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