Foreign exchange: SBP’s reserves down to $15.1b
SBP’s liquid foreign exchange reserves decreased by $98 million to $15,104 million
SBP’s liquid foreign exchange reserves decreased by $98 million to $15,104 million . PHOTO: AFP
KARACHI:
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.
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.