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 inches up by 2.89 paisa against USD

NBP issues foreign exchange rates

PKR remains flat against USD

Name	Price/Vol	%Chg/NChg
KSE100	159,812.71 210.48M	-0.91% -1469.06
ALLSHR	97,164.64 539.73M	-0.82% -805.72
KSE30	48,414.60 75.21M	-1.18% -580.36
KMI30	228,930.66 49.98M	-1.09% -2517.47
KMIALLSHR	63,344.85 263.39M	-0.85% -544.21
BKTi	44,520.56 24.37M	-1.15% -517.18
OGTi	30,880.40 5.44M	-0.47% -145.18

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	102,140.00	102,705.00 99,285.00	1110.00 1.10%
BRENT CRUDE	64.38	64.60 63.90	-0.06 -0.09%
RICHARDS BAY COAL MONTHLY	87.00	87.00 87.00	0.20 0.23%
ROTTERDAM COAL MONTHLY	97.30	0.00 0.00	-0.45 -0.46%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.49	60.71 60.01	-0.07 -0.12%
SUGAR #11 WORLD	14.21	14.72 14.13	-0.44 -3.00%