Reserves decreases by $376 million

KARACHI: State Bank of Pakistan on Thursday announced that the total liquid foreign reserves held by the country stood at US$22,031.3 million on 03 February 2017.

The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank of Pakistan reached US$ 17,217.8 million; Net foreign reserves held by commercial banks stood US$4,813.5 million; and total liquid foreign reserves reached US$ 22,031.3 million.

During the week ending 03 February 2017, SBP's reserves decreased by US$376 million to US$17,218 million.