Pak forex figure $ 8.04903bn

09 Jan, 2014

KARACHI: The total liquid foreign reserves of the country stand at dollars $ 8.04903 billion , said State Bank of Pakistan (SBP).

According to SBP weekly statement here on Thursday , the foreign reserves held by State Bank amounted $ 3.245 billion and the net foreign reserves held by banks other than SBP figured $ 4.80403 billion.

During the week ending Jan 3, 2014, SBP's liquid foreign exchange reserves decreased by $ 412 million to $ 3,245 million compared to $ 3,657 million in the previous week.

The decrease in the Central Bank reserves is partly attributed to the payments of $ 160 million on account of external debt servicing. Of which $ 109 million was paid to the International Monetary Fund (IMF) as 26th installment of SBA , and other official payments from its reserves during the week.

During the week , there was no significant inflow from multilateral and bilateral sources, the statement said.

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