Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

SBP Reserves fall by $ 174 million reaching $ 11.602 billion

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The total liquid foreign reserves held by the country stood at US$17,796.4 million on 30 March 2018.The break-up of the foreign reserves position is as under:-

 

Summary of Holding and Weekly Change

Foreign reserves held by

Mar 30, 2018

Mar 22, 2018

% Change

Change

State Bank of Pakistan

11,602.0

11,776.10

-1.48%

-174.10

Net Foreign Reserves Held by Banks

6,194.4

6,172.30

0.36%

22.10

Total Liquid Foreign Reserves

17,796.4

17,948.40

-0.85%

-152.00

Amount in USD Millions

During the week ending 30 March 2018, SBP’s reserves decreased by US $ 174 million to US $ 11,602 million, due to external debt servicing and other official payments.

*Forex Reserves, SBP, MG Link

Posted on: 2018-04-05T17:19:00+05:00