SBP's Forex Reserve decrease by 6.95 percent

MG News | December 06, 2018 at 08:52 PM GMT+05:00

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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.

**Summary of Holding and Weekly Change**
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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