Pak liquid forex increases to $ 9.37507bn

13 Mar, 2014

KARACHI: The total liquid foreign reserves of the country increased to dollars 9.37507 billion , said State Bank of Pakistan.

According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on March 07, 2014 amounted $ 4.62206 billion and net foreign reserves held by banks figured $ 4.75301 billion. During the week, SBP's liquid forex reserves increased by $ 702 million to $ 4,623 million compared to $ 3,921 million of the previous week.

The increase in the Central Bank's reserves is attributed to receipts from multilateral and bilateral sources. Over this period, total official payments were $ 92 million.

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