SBP’s Forex Reserves decrease by 3.84 percent

According to data released by the State Bank of Pakistan, the total liquid foreign reserves held by the country stood at USD 13,257.20 million on Jan 18, 2019.

Summary of Holding and Weekly Change

Foreign reserves held byJan 18, 2019Jan 11, 2019Change% Change
State Bank of Pakistan6,636.106,901.20-265.10-3.84%
Net Foreign Reserves Held by Banks6,621.106,588.0033.100.50%
Total Liquid Foreign Reserves13,257.2013,489.20-232.00-1.72%

Amount in USD Million

According to the Central Bank it's reserves decreased  due to external debt servicing and other official payments.

Posted on: 2019-01-24T20:00:00+05:00