Foreign exchange: SBP’s reserves down $13m, amount to $13.615b
Total liquid foreign reserves held by the country stood at $18,655 million
PHOTO: FILE
KARACHI:
Foreign exchange reserves held by the State Bank of Pakistan (SBP) remained almost flat on a weekly basis on August 14, according to data released by the central bank on Thursday.
Published in The Express Tribune, August 21st, 2015.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) remained almost flat on a weekly basis on August 14, according to data released by the central bank on Thursday.
SBP’s liquid foreign exchange reserves decreased $13 million to clock in at $13,615 million compared to $13,628 million in the preceding week. Total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $18,655 million while net reserves held by banks amounted to $5,039.8 million.
In the week ending July 31, SBP’s liquid foreign exchange reserves increased 2.8% to $13,767 million because of official inflows of $418 million, which included receipts of $337 million under the Coalition Support Fund.
Published in The Express Tribune, August 21st, 2015.