Karachi, November 22, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$13,715.0 million on 16 November, 2018. The break-up of the foreign reserves position is as under:-
i) Foreign reserves held by the State Bank of Pakistan: US$ 7,286.5 million
ii) Net foreign reserves held by commercial banks: US$ 6,428.5 million
iii) Total liquid foreign reserves: US$ 13,715.0 million
During the week ending 16 November, 2018, SBP’s reserves decreased by US$196 million to US$7,286.5 million, due to external debt servicing and other official payments.
Furthermore, SBP received US$ 1,000 million on 19November2018 as placement of funds by Saudi Arabia, after which SBP’s reserves stood at US$8,293.9 million and total liquid foreign reserves at US$14,722.4 million.
For more information, contact:
State Bank of Pakistan (SBP)
I.I. Chundrigar Road, Karachi, Pakistan
Fax: +92-21-39212433 – 39212436