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Home Markets Currencies

Forex reserves stand at $13b

byCustoms Today Report
29/08/2014
in Currencies, Karachi, Latest News
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KARACHI: The total liquid foreign reserves of the country stand at $13.58106 billion, said State Bank of Pakistan (SBP).
According to the SBP weekly report, the foreign reserves held by State Bank on August 22, amounted to $8.55404 billion and the net foreign reserves held by other banks were $5.02702 billion.
Over last week, SBP’s liquid foreign exchange reserves decreased by $349 million to $8.554 billion compared to $8.903 billion of the previous week. During the week, SBP made payments of $165 million on account of external debt and other official payments which included $147 million payment to International Monetary Fund (IMF) under SBA.
There was no major inflow during the week.

 

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Tags: Customs Todaydollarsexternal debtInternational Monetary Fund (IMF)Karachi Regionliquid foreign reservesmajor inflownewsofficial paymentsother banksState Bank of Pakistan (SBP)weekly report

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