Pakistan's liquid foreign reserves reach $10 billion

03 Apr, 2014

ISLAMABAD: The total liquid foreign reserves held by the country stood at $9,864.2 million on March 28,2014.

Giving the break-up of the foreign reserves position a statement of the State Bank of Pakistan said on Thursday that Foreign reserves held by the State Bank of Pakistan stood at$ 5,171.6 million while the net foreign reserves held by banks stood at $4,692.6 million on March 28,2014.

During the week ending March 28.2014, SBP's Liquid FX Reserves increased by $746 million to $5,172 million compared to $4,426 million in the previous week.

The increase in the Central Bank reserves was attributed to receipts of $611 million from multilateral and bilateral sources, which includes $556 million received from IMF.

During the week ending Mar 28,2014, total official payments were US$215 million.

Read Comments