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SBP’s reserves decrease by $48m to $12,517m

byCustoms Today Report
08/05/2015
in Business
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KARACHI: The liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) have decreased by $48 million to $12,517 million during the week ending May 1, 2015, as compared to $12,565 million in the previous week.

According to the central bank, the country’s total liquid foreign reserves were recorded at $17,690.1 million during the corresponding period. The foreign reserves held by the bank stood at $12,517.3 million, net foreign reserves held by banks are $5,172.8 million, thus the total liquid foreign reserves are $17,690.1 million.

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