SBP Reserves increase by $ 2.006 billion

The total liquid foreign reserves held by the country stood at US $ 20,686.7 million on 08 December 2017.The break-up of the foreign reserves position is as under:-

Reserves Position

Foreign reserves held by

08 Dec, 2017

30 Nov. 2017

Change

% Change

State Bank of Pakistan

14666.3

12,660.50

2,005.80

15.84%

Net Foreign Reserves Held by Banks

6020.4

6,084.40

-64.00

-1.05%

Total Liquid Foreign Reserves

20686.7

18,744.90

1,941.80

10.36%

During the week ending 08 December 2017, SBP’s reserves increased by US $ 2,006 million to US $ 14,666 million. The change in reserves was due to proceeds from Pakistan International Bonds and Pakistan International Bonds and payments on account of external debt servicing and other official outflows.

 

Posted on: 2017-12-14T18:03:00+05:00