SBP's Forex Reserve decrease by 6.95 percent
MG News | December 06, 2018 at 08:52 PM GMT+05:00
According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at US$13,996.1 million on Nov 30, 2018.
| Foreign reserves held by | Nov 30, 2018 | Nov 23, 2018 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 7,502.10 | 8,062.40 | -560.30 | -6.95% |
| Net Foreign Reserves Held by Banks | 6,494.00 | 6,510.20 | -16.20 | -0.25% |
| Total Liquid Foreign Reserves | 13,996.10 | 14,572.60 | -576.50 | -3.96% |
Amount in USD Million
According to the Central Bank, it's reserves decreased due to external debt servicing and other official payments.
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