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Foreign exchange reserves stand at $23,091.4 million

KARACHI: The total liquid foreign exchange reserves held by the country stood at US$ 23,091.4 million on July 15, says a statement of the State Bank of Pakistan here on Thursday. It said that the break-up of the foreign reserves position is as under: – Foreign reserves held by the SBP: US$ 18,077.4  million –...

SAMAA | - Posted: Jul 21, 2016 | Last Updated: 5 years ago
SAMAA |
Posted: Jul 21, 2016 | Last Updated: 5 years ago
Foreign exchange reserves stand at $23,091.4 million

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KARACHI: The total liquid foreign exchange reserves held by the country stood at US$ 23,091.4 million on July 15, says a statement of the State Bank of Pakistan here on Thursday.

It said that the break-up of the foreign reserves position is as under:

– Foreign reserves held by the SBP: US$ 18,077.4  million

– Net foreign reserves held by commercial banks: US$ 5,014.million

– Total liquid foreign reserves: US$ 23,091.4 million

The statement further pointed out that during the week ending July 15, 2016, SBP’s Liquid FX Reserves decreased by US$ 27 million to US$ 18,077 million, compared to US$ 18,104 million in the previous week.

It said that during the week, SBP made payments of US$ 63 million on account of external debt servicing. –APP

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