Pakistan's Liquid Foreign Reserves Position
Fakhir Rizvi Published August 18, 2016 | 11:03 PM
KARACHI, (UrduPoint / Pakistan Point News - 18th August, 2016) : The total liquid foreign reserves held by the country stood at US$ 22,623.2 million on August 12, 2016. This was announced by the State Bank of Pakistan (SBP) here on Thursday. It said that the break-up of the foreign reserves position is as under: i) Foreign reserves held by SBP: US$ 17,719.
6 million. ii) Net foreign reserves held by commercial banks: US$ 4,903.6 million. iii) Total liquid foreign reserves: US$ 22,623.2 million. During the week ending 12 August 2016, SBP's Liquid FX Reserves increased by US$ 56 million to US$ 17,720 million, compared to US$ 17,664 million in the previous week, it was further stated.