SBP’s liquid foreign exchange reserves decreased by $98 million to $15,104 million . PHOTO: AFP
Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 0.6% on a weekly basis.
SBP’s liquid foreign exchange reserves decreased by $98 million to $15,104 million compared to $15,202 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 $19,993.1 million while net reserves held by banks amounted to $4,889.5 million.
Last week, SBP-held reserves increased 13.4%, or $1,794 million, after the central bank received $505 million from the IMF, $500 million as proceeds of the Pakistan International Bonds, $376 million under the Coalition Support Fund (CSF) and $263 million as syndicate financing for the government of Pakistan.
Published in The Express Tribune, October 16th, 2015.
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