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Pakistan’s Foreign Reserves position

byCT Report
04/01/2018
in Business
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KARACHI: The total liquid foreign reserves held by the country stood at US$ 20,154.3 million on December 29 2017, announced by the State Bank of Pakistan (SBP), 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$ 14,106.7 million
  2. ii) Net foreign reserves held by commercial banks: US$ 6,047.6 million

iii)   Total liquid foreign reserves: US$ 20,154.3 million

During the week ending December 29 2017, SBP’s reserves decreased by US$ 26 million to US$ 14,107 million, due to payments on account of external debt servicing.

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