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Pakistan’s liquid foreign reserves’ position

byCT Report
27/10/2017
in Business
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KARACHI: The total liquid foreign reserves held by the country stood at US$ 19,902.1 million on 20 October 2017.

A statement of the State Bank of Pakistan (SBP) said here on Thursday that the break-up of the foreign reserves position is as under:

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  1. i) Foreign reserves held by the SBP: US$ 13,941.6 million
  2. ii) Net foreign reserves held by commercial banks: US$ 5,960.5 million

iii)   Total liquid foreign reserves: US$ 19,902.1 million.

During the week ending 20 October 2017, SBP’s reserves decreased by US$ 216 million to US$ 13,942 million due to payments on account of external debt servicing, it was further pointed out.

 

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