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Reserves cross $21 billion mark

byCT Report
01/01/2016
in Business
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KARACHI: The country’s total liquid foreign reserves crossed $21 billion mark and reached $21,073.9 million on December 25.

Foreign reserves held by the State Bank of Pakistan stood at $16,171.6 million while net foreign reserves held by banks remained $4,902.3 million. During the week ending Dec 25, SBP’s liquid FX reserves increased by $559 million to $16,172 million, compared to $15,613 million in the previous week. During the week, SBP received $500 million from IMF under EFF.

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