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Pakistan’s foreign exchange reserves stands at US $ 23.038 billion

ISLAMABAD: The total liquid foreign reserves held by the country stood at US$ 23,038.7 million on August 26,2016, according to the central bank. Giving the break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) issued on Thursday said that the foreign reserves held by the State Bank of Pakistan...

SAMAA | - Posted: Sep 1, 2016 | Last Updated: 4 years ago
SAMAA |
Posted: Sep 1, 2016 | Last Updated: 4 years ago
Pakistan’s foreign exchange reserves stands at US $ 23.038 billion

sbp

ISLAMABAD: The total liquid foreign reserves held by the country stood at US$ 23,038.7 million on August 26,2016, according to the central bank.

Giving the break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) issued on Thursday said that the foreign reserves held by the State Bank of Pakistan stood at US$ 18,128.8 million while Net foreign reserves held by commercial banks were US$ 4,909.9 million.

During the week ending August 26, 2016, SBP’s Liquid FX Reserves decreased by US$ 58 million to US$ 18,129 million, compared to US$ 18,187 million in the previous week.

During the week, SBP made payments of US$ 34 million on account of external debt servicing. – SAMAA

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