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Pakistan’s Liquid Foreign Reserves position

byCT Report
23/11/2017
in Business
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KARACHI: The total liquid foreign reserves held by the country stood at US$ 19,710.7 million on November 17, a State Bank of Pakistan (SBP) statement announced here on Thursday.

It said that the break-up of the foreign reserves position is as under:

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  1. i)     Foreign reserves held by SBP: US$ 13,541.1 million
  2. ii)    Net foreign reserves held by commercial banks: US$ 6,169.6 million

iii)   Total liquid foreign reserves: US$ 19,710.7 million.

During the week ending 17 November 2017, SBP’s reserves decreased by around US$ 137 million to US$ 13,541 million due to external debt and other official payments.

 

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