Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$15,249.2 million on 12July2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 8,001.3 million

Net foreign reserves held by commercial banks : US$ 7,247.9 million

Total liquid foreign reserves             : US$ 15,249.2 million

During the week ending 12July2019, SBP received the first tranche of US$991.4 million from IMF. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by US$918 million during the week.


 

Share:
Posted in Uncategorized.

Leave a Reply

Your email address will not be published. Required fields are marked *