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Pak reserves stand at $16,136.6m, SBP’s $11,207.2m , banks’ $4,929.4m

byCustoms Today Report
07/03/2015
in Business
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KARACHI: Pakistan’s total liquid foreign reserves stood at US$16,136.6 million on 27 February 2015, shows the break-up of the foreign reserves position released by State Bank of Pakistan.

However, the foreign reserves held by the SBP stood at $11,207.2  million, net foreign reserves held by banks are $4,929.4 million, thus total liquid foreign reserves are $16,136.6 million.  During the week ending 27 February 2015, SBP’s Liquid FX Reserves increased by $132 million to $11,207 million.

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This is compared to $11,075 million in the previous week, which includes disbursement of $51 million from International Development Association.

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