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 byNov 30, 2018Nov 23, 2018Change% Change
State Bank of Pakistan7,502.108,062.40-560.30-6.95%
Net Foreign Reserves Held by Banks6,494.006,510.20-16.20-0.25%
Total Liquid Foreign Reserves13,996.1014,572.60-576.50-3.96%

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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