Pakistan's Foreign Exchange Reserves Reached To Over US $ 23.038 Billion

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Pakistan's foreign exchange reserves reached to over US $ 23.038 billion

ISLAMABAD, (UrduPoint / Pakistan Point News - 1st September, 2016) : The total liquid foreign reserves held by the country stood at US$ 23,038.7 million on August 26,2016. 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.