State Bank's Forex Reserves Increase by USD 1,659.30 Million

MG News | December 19, 2019 at 06:03 PM GMT+05:00

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Dec 19, 2019 (MLN): Pakistan's Forex Reserves increased by USD 1,607.40 Million or 10.02% and the total liquid foreign reserves held by the country stood at USD 17,655.50 Million on Dec 13, 2019.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 1,659.30 Million .

This increase is attributed to multilateral and other official inflows including proceeds of US$1,300 million received from Asian Development Bank.

**Summary of Holding and Weekly Change**
Foreign reserves held by	Dec 13, 2019	Dec 06, 2019	Change	% Change
State Bank of Pakistan	10,892.90	9,233.60	1659.30	17.97%
Net Foreign Reserves Held by Banks	6,762.60	6,814.50	-51.90	-0.76%
Total Liquid Foreign Reserves	17,655.50	16,048.10	1607.40	10.02%

Amount in USD Million

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