State Bank's Forex Reserves Decrease by USD 463.10 Million
MG News | April 09, 2020 at 05:30 PM GMT+05:00
April 09, 2020 (MLN): Pakistan's Forex Reserves decreased by USD 399.30 Million or 2.3% and the total liquid foreign reserves held by the country stood at USD 16,988.20 Million on Apr 03, 2020.
According to data published by the State Bank of Pakistan (SBP) its reserves decreased by USD 463.10 Million This decline is attributed to external debt repayments of US$465 million. Reserves held by commercial banks, however, increased by USD 63.80 million.
| Foreign reserves held by | Apr 03, 2020 | Mar 27, 2020 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 10,722.50 | 11,185.60 | -463.10 | -4.14% |
| Net Foreign Reserves Held by Banks | 6,265.70 | 6,201.90 | 63.80 | 1.03% |
| Total Liquid Foreign Reserves | 16,988.20 | 17,387.50 | -399.30 | -2.30% |
Amount in USD Million
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