Pak liquid forex figure $ 8.737bn

06 Mar, 2014

KARACHI: The total liquid foreign reserves of the country stand at dollars 8.737 billion , said State Bank of Pakistan (SBP).

According to SBP's weekly statement here on Thursday , the foreign reserves held by State Bank on Feb. 28, 2014 amounted $ 3,920.7 million and the net foreign reserves held by banks other than SBP were $ 4,816.3 million. During the week, SBP's liquid foreign reserves increased by $ 50 million to $ 3,921 million compared to $ 3,871 million in the previous week.

The increase in the Central Bank's reserves is attributed to receipts of $ 74 million from multilateral, bilateral and other official sources.

Over the period, the total official payments were $ 24 million, said SBP.

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