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MPS Preview: High for Longer

State Bank’s Forex Reserves Increase by USD 157.10 Million

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Feb 13, 2020 (MLN): Pakistan's Forex Reserves increased by USD 90.90 Million or 0.49% and the total liquid foreign reserves held by the country stood at USD 18,735.40 Million on Feb 07, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 157.10 Million. However, reserves held by Commercial Banks declined by 66.20 million.

Summary of Holding and Weekly Change

Foreign reserves held by Feb 07, 2020 Jan 31, 2020 Change % Change
State Bank of Pakistan 12,430.80 12,273.70 157.10 1.28%
Net Foreign Reserves Held by Banks 6,304.60 6,370.80 -66.20 -1.04%
Total Liquid Foreign Reserves 18,735.40 18,644.50 90.90 0.49%

Amount in USD Million

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Posted on: 2020-02-13T17:36:00+05:00

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