SBP Reserves increase by $ 2.006 billion
MG News | December 14, 2017 at 06:03 PM GMT+05:00
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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