Pakistan's Liquid Foreign Reserves reaches US $ 10 billion

20 Mar, 2014

ISLAMABAD: The total liquid foreign reserves held by the country stood at $9,648.9 million on Mar 14, 2014.

Giving the break-up of the foreign reserves position, a statement of the Central Bank issued here on Thursday said that Foreign reserves held by the State Bank of Pakistan stood at $4,808.5 million while the Net foreign reserves held by banks stood at $4,840.4 million.

The SBP said that during the week ending Mar 14,2014, the Banks's Liquid FX Reserves increased by $185 million to $4,808 million compared to $4,623 million in the previous week.

The SBP attributed the increase in the Central Bank reserves to receipts of $219 million from multilateral bilateral and other official sources.

During the week ending Mar 14,2014, total official payments were US$34 million.

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