Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$15,003.7 million on 27September2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 7,741.6 million

Net foreign reserves held by commercial banks : US$ 7,262.

1 million

Total liquid foreign reserves         : US$ 15,003.7 million

During the week ending 27September2019, SBP’s reserves decreased by US$724 million to US$7,741.6 million. Reduction in reserves is on account of GOP Debt repayments.

Posted in Banking & Insurance News.

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