SBP Reserves increase by $ 2.006 billion

MG News | December 14, 2017 at 06:03 PM GMT+05:00

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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.

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