SBP Reserves fall to $10.03 billion

The total liquid foreign reserves held by the country stood at US$16,406.8 million on 25May2018.The break-up of the foreign reserves position is as under:-

Summary of Holding and Weekly Change

Foreign reserves held by

May 25, 2018

May 18, 2018

Change

% Change

State Bank of Pakistan

10,033.8

10,320.2

-286.4

-2.7%

Net Foreign Reserves Held by Banks

6,373.0

6,332.0

+41

0.6%

Total Liquid Foreign Reserves

16,406.8

16,652.2

-245.4

-1.4%

During the week ending 25May2018, SBP’s reserves decreased by US$286 million to US$10,320 million, due to payments on account of external debt servicing.

Posted on: 2018-05-31T16:48:00+05:00