Liquid FX reserves increased by $12million: SBP

27 Nov, 2014

KARACHI :SBP's liquid FX reserves, during the week ending November 21, 2014, increased by $12 million to $8,506 million compared to $8,494 million in the previous week.

The total liquid foreign reserves held by the country stood at $13,219.9 million on November 21, a press release of State Bank of Pakistan (SBP) said here on Tuesday.

The break-up of the foreign reserves position is as under:

i) Foreign reserves held by the SBP: $ 8,506.4 million

ii) Net foreign reserves held by banks : $ 4,713.5 million

iii) Total liquid foreign reserves :$ 13,219.9 million

During the week SBP made payments of $ 195 million on account of external debt servicing and other officials payments, which included $141 million paid to IMF. During the week SBP received $58 million from multilateral, bilateral and other sources, it added.

Copyright APP (Associated Press of Pakistan), 2014

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