SBP Foreign Reserves decrease by $95 million

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.

Posted on: 2017-11-02T17:34:00+05:00