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State Bank’s Forex Reserves Decrease by USD 463.10 Million

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

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