Pakistan’s liquid foreign reserves position

According to state Bank of Pakistan, the total liquid foreign reserves held by the country stood at US$19,693.2 million on 24November2017.The break-up of the foreign reserves position is as under :-

Foreign reserves held by the State Bank of Pakistan: US$ 13,547.3 million

Net foreign reserves held by commercial banks : US$ 6,145.9 million

Total liquid foreign reserves             : US$ 19,693.2 million

During the week ending 24November2017, SBP’s reserves increased by US$6 million to US$13,547 million.

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Posted in Banking & Insurance News.