SBP Reserves decrease by $ 334 million
By MG News | December 21, 2017 at 05:26 PM GMT+05:00
The total liquid foreign reserves held by the country stood at US $ 20,383.4 million on 15 December 2017. The break-up of the foreign reserves position is as under:-
| Reserves Position | ||||
|---|---|---|---|---|
| Foreign reserves held by | 15 Dec, 2018 | 08 Dec, 2017 | Change | % Change |
| State Bank of Pakistan | 14,332.2 | 14,666.3 | -334.10 | -2.28% |
| Net Foreign Reserves Held by Banks | 6,051.2 | 6,020.4 | 30.80 | 0.51% |
| Total Liquid Foreign Reserves | 20,383.4 | 20,686.7 | -303.30 | -1.47% |
During the week ending 15 December 2017, SBP’s reserves decreased by US $ 334 million to US $ 14,332 million. The decrease in reserves is due to payments on account of external debt servicing and other official outflows.
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