KARACHI: The total liquid foreign reserves held by the country stood at $11,753.8 million on April 18, 2014, said a press release issued by State Bank of Pakistan (SBP) here on Thursday.
The break-up of the foreign reserves position was as under.
(i) Foreign reserves held by the SBP: $ 7,010.0 million,
ii) Net foreign reserves held by banks $ 4,743.8 million,
(iii) Total liquid foreign reserves $ 11,753.8 million
During the week ending April 18, SBP's liquid FX reserves increased by $2,026 million to $7,010 million compared to $4,984 million in the previous week.
The increase in the central bank reserves is attributed to receipts of $2 billion from issuance of Sovereign Bonds in International Capital Market and $139 million from Islamic Development Bank.
On account of external debt servicing and other official payments, SBP has made payments of $96 million from its reserves during the week under review.
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