State Bank's Forex Reserves Decrease by USD 1,711.80 Million

By MG News | June 04, 2020 at 05:55 PM GMT+05:00
Jun 04, 2020 (MLN): Pakistan's Forex Reserves decreased by USD 1,677.80 Million or 9.02% and the total liquid foreign reserves held by the country stood at USD 16,920.10 Million on May 29, 2020.
According to data published by the State Bank of Pakistan (SBP) its reserves decreased by USD 1,711.80 Million. This decline is primarily attributed to Government external debt repayments of US$ 1,669.1 million.
Foreign reserves held by | May 29, 2020 | May 21, 2020 | Change | % Change |
---|---|---|---|---|
State Bank of Pakistan | 10,362.10 | 12,073.90 | -1711.80 | -14.18% |
Net Foreign Reserves Held by Banks | 6,558.00 | 6,524.00 | 34.00 | 0.52% |
Total Liquid Foreign Reserves | 16,920.10 | 18,597.90 | -1677.80 | -9.02% |
Amount in USD Million
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