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Foreign reserves reach $17.75b, SBP’s decrease by $38m

byCustoms Today Report
22/05/2015
in Business
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KARACHI: The total liquid foreign exchange reserves of the country reached $17.749 billion during the week ending May 15 from $17.739 billion of previous week.

According to the State Bank of Pakistan (SBP), its reserves decreased by $38 million to $12.512 billion from $12.550 billion, and the other banks’ holdings were $5.237 billion as compared to $5.189 billion.

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During the week, the SBP made payments of $63m on account of external debt servicing, however, no major inflow was recorded.

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