Foreign exchange: SBP’s reserves down $88m
Foreign exchange reserves held by SBP had earlier decreased by 1.4% on a weekly basis on September 18
PHOTO: AFP
KARACHI:
The total liquid foreign reserves held by the country stood at $18,349.1 million on September 25, 2015.
In the week ending on July 3, SBP-held foreign exchange reserves had also registered an increase of 3.8% because of $514 million received from multilateral and bilateral sources.
Published in The Express Tribune, October 2nd, 2015.
The total liquid foreign reserves held by the country stood at $18,349.1 million on September 25, 2015.
The foreign reserves held by the State Bank of Pakistan (SBP) amounted to $13,408.2 million, while net foreign reserves held by the banks amounted to $4,940.9 million.
During the week ending September 25, the SBP’s reserves decreased by $88 million to $13,408 million, compared to $13,496 million in the previous week.
Foreign exchange reserves held by SBP had earlier decreased by 1.4% on a weekly basis on September 18.
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.
In the week ending on July 3, SBP-held foreign exchange reserves had also registered an increase of 3.8% because of $514 million received from multilateral and bilateral sources.
Published in The Express Tribune, October 2nd, 2015.