Forex

Forex reserves decrease by $560mn

KARACHI: State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$13,996.1 million on 30 November 2018.

The break-up of the foreign reserves position is as under:

i) Foreign reserves held by the State Bank of Pakistan:

US$ 7,502.1 million.

ii) Net foreign reserves held by commercial banks:

US$ 6,494.0 million.

iii) Total liquid foreign reserves:

US$ 13,996.1 million.

During the week ending 30 November 2018, SBP’s reserves decreased by US$560 million to US$7,502.1 million, due to external debt servicing and other official payments.

Copyright PPI (Pakistan Press International), 2018
 

 

 


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neallesh@yahoo.co.uk

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