State Bank’s Forex Reserves Decrease by USD 463.10 Million

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.

Summary of Holding and Weekly Change

Foreign reserves held byApr 03, 2020Mar 27, 2020Change% Change
State Bank of Pakistan10,722.5011,185.60-463.10-4.14%
Net Foreign Reserves Held by Banks6,265.706,201.9063.801.03%
Total Liquid Foreign Reserves16,988.2017,387.50-399.30-2.30%

Amount in USD Million

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Posted on: 2020-04-09T17:30:00+05:00

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