State Bank's Forex Reserves Decrease Despite receiving USD 500 Million from Qatar

MG News | July 04, 2019 at 08:20 PM GMT+05:00

0:00

Jul 04, 2019 (MLN): Pakistan's Forex Reserves increased by USD 91.70 Million or 0.64% and the total liquid foreign reserves held by the country stood at USD 14,443.00 Million on Jun 28, 2019.

According to the State Bank of Pakistan (SBP) it received inflow of US$500 million from Qatar as placement of funds. After taking into account outflows relating to external debt and other official payments, SBP reserves decreased by US$9 million during the week.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Jun 28, 2019	Jun 21, 2019	Change	% Change
State Bank of Pakistan	7,272.80	7,282.10	-9.30	-0.13%
Net Foreign Reserves Held by Banks	7,170.20	7,069.20	101.00	1.43%
Total Liquid Foreign Reserves	14,443.00	14,351.30	91.70	0.64%

Amount in USD Million

Copyright Mettis Link News

Related News

PKR strengthens 0.91 paisa against USD

Saudi Riyal available at PKR 76 in open market

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,670.00	117,295.00 116,115.00	845.00 0.73%
BRENT CRUDE	67.91	68.59 67.62	-0.56 -0.82%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.77	63.82 63.59	-0.28 -0.44%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%