KARACHI: The liquid foreign exchange reserves held by the central bank have declined by $157 million or 1.1 per cent to $13,458 million ($13.45 billion) on week ended August 21 as compared to the previous week’s $13,615 million.
According to data released by the State Bank of Pakistan (SBP), total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $18,508.7 million while net reserves held by banks amounted to $5,050.3 million.
The country’s top bank made payments of $94 million on account of external debt servicing during the week. In the week ended July 31, the SBP’s liquid foreign exchange reserves increased 2.8% to $13,767 million because of official inflows of $418 million, which included receipts of $337 million under the Coalition Support Fund (CSF).
