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Reserves fall to $13.210b

byCustoms Today Reportandadmin
03/10/2014
in Business
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Karachi: The State Bank of Pakistan has reported that Pakistan’s liquid foreign exchange reserves have fallen to $13.210 billion during the last week of September as compared to $13.305 billion the previous week.

The SBP reserves have fallen to $8.610 billion from $8.628 billion, a decrease of $18 million. During the week, the SBP made payments of $144m on account of external debt servicing, which includes $143m to International Monetary Fund under Stand-By Arrangement; however, it also received $56m from multilateral, bilateral and other sources. The reserves held by other banks also declined to $4.600 billion from $4.677 billion.

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Tags: $13.210 billionforeign exchangeInternational Monetary FundpaymentsSBPState Bank of Pakistan

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