Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$14,889.9 million on 31May2019.The break-up of the foreign reserves position is as under: –

Foreign reserves held by the State Bank of Pakistan: US$ 7,862.4 million

Net foreign reserves held by commercial banks : US$ 7,027.

5 million

Total liquid foreign reserves             : US$ 14,889.9 million

During the week ending 31May2019, SBP’s reserves decreased by US$148 million to US$7,862.4 million, due to payments on account of external debt servicing.

Posted in Banking & Insurance News.

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