SBP’s Forex Reserve decrease by 6.95 percent

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.

 

Posted on: 2018-12-06T20:52:00+05:00

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