Pak liquid forex increases to $ 13.45609bn

12 Jun, 2014

KARACHI: Total liquid foreign reserves held by the country increased to dollars 13.45609 billion, said State Bank of Pakistan.

According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on June 6 amounted to dollars 8.61209 billion and the net foreign reserves held by other banks figured as dollars 4.844 billion.

During the week, State Bank's liquid foreign exchange reserves decreased by $ 70 million to $ 8.613 million compared to $ 8.683 million in the previous week.

The decrease in the Central Bank reserves is mainly due to external debt servicing of $ 105 million. During the week ending on June 6, 2014, Central Bank received inflows of $ 38 million from multilateral, bilateral and other official sources.

Copyright APP (Associated Press of Pakistan), 2014

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