SBP Reserves increase by $ 2.006 billion

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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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