SBP Foreign Reserves decrease by 216 million

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By MG News | October 26, 2017 at 07:37 PM GMT+05:00

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The total liquid foreign reserves held by the country stood at US$19,902.1 million on 20 October 2017. The break-up of the foreign reserves position is as under:-

Reserves Position

Foreign reserves held by

Oct 26, 2017

Oct 13, 2017

Change

% Change

State Bank of Pakistan

13,941.60

14,157.60

-216.00

-1.53%

Net Foreign Reserves Held by Banks

5,960.50

5,895.30

65.20

1.11%

Total Liquid Foreign Reserves

19,902.10

20,052.90

-150.80

-0.75%

During the week ending 20 October 2017, SBP’s reserves decreased by US $ 216 million to US $ 13,942 million due to payments on account of external debt servicing. 

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