Pakistan's Liquid Foreign Reserves Position
Faizan Hashmi 5 years ago Thu 21st July 2016 | 06:58 PM
KARACHI, (UrduPoint / Pakistan Point News - 21th july, 2016) : The total liquid foreign 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: i) Foreign reserves held by the SBP: US$ 18,077.
4 million ii) Net foreign reserves held by commercial banks: US$ 5,014.million iii) 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.