Pakistan’s Liquid Foreign Reserves Position

Karachi (News Alert)

The total liquid foreign reserves held by the country stood at US$15,089.8 million on 24May2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 8,010.2 million
Net foreign reserves held by commercial banks : US$ 7,079.6 million
Total liquid foreign reserves : US$ 15,089.8 million

During the week ending 24May2019, SBP’s reserves decreased by US$47 million to US$8,010.2 million, due to external debt servicing and other official payments.

Leave a Reply

Your email address will not be published. Required fields are marked *