SBP Foreign Reserves decrease by $95 million

MG News | November 02, 2017 at 05:34 PM GMT+05:00

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The total liquid foreign reserves held by the country stood at US $ 19,842.8 million on 27 October 2017.The break-up of the foreign reserves position is as under:-

Reserves Position
Foreign reserves held by	Oct 27, 2017	Oct 20, 2017	Change	% Change
State Bank of Pakistan	13,846.70	13,941.60	-94.90	-0.68%
Net Foreign Reserves Held by Banks	5,996.10	5,960.50	35.60	0.60%
Total Liquid Foreign Reserves	19,842.80	19,902.10	-59.30	-0.29%

During the week ending 27 October 2017, SBP’s reserves decreased by US $ 95 million to US $ 13,847 million due to external debt servicing and other official payments.

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