Foreign exchange: Reserves go up 0.28%
SBP’s liquid foreign exchange reserves increased by $25 million to $8,882 million
KARACHI:
Foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a week-on-week increase of 0.28% on October 10, according to data released by the central bank on Thursday.
Total liquid foreign reserves held by the country, including net foreign reserves held by banks other than the SBP, stood at $13,435.9 million
while net foreign reserves held by banks amounted to $4,553.8 million on October 10.
Published in The Express Tribune, October 17th, 2014.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a week-on-week increase of 0.28% on October 10, according to data released by the central bank on Thursday.
SBP’s liquid foreign exchange reserves increased by $25 million to $8,882 million as opposed to $8,857 million recorded in the previous week.
During the week, the SBP received $44 million from multilateral and bilateral sources. There was no significant outflow during the week.
Total liquid foreign reserves held by the country, including net foreign reserves held by banks other than the SBP, stood at $13,435.9 million
while net foreign reserves held by banks amounted to $4,553.8 million on October 10.
Published in The Express Tribune, October 17th, 2014.