Pakistan's Liquid Foreign Reserves reached to over US $14.264bn

15 Aug, 2014

ISLAMABAD: The total liquid foreign reserves held by the country stood at US $ 14,264.1 million on August 8, 2014.

Giving a break-up of the foreign reserves position a statement of Central Bank issued on Friday said that Foreign reserves held by the State Bank of Pakistan stood at US $ 9,188.0 million while the net foreign reserves held by banks were US $ 5,076.1 million on August 8, 2014.

During the week ending August 8, 2014, SBP's Liquid FX Reserves decreased by US $ 89 million to US $ 9,188 million compared to US $ 9,277 million in the previous week.

The decrease in SBP reserves is mainly attributed to payments of US $80 million on account of external debt servicing.

SBP did not receive any significant inflows during this week, the statement said.

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