Pak forex figure $ 23.418bn

29 Sep, 2016

KARACHI: Total liquid foreign exchange reserves of the country stand at dollars 23.418 billion, said State Bank of Pakistan.

SBP's weekly statement here on Thursday said the foreign reserves held by State Bank on Sept. 23, were $18,395.1 million and the net foreign reserves held by the Commercial Banks amounted $ 5,022.9 million.

During the week, SBP's liquid foreign exchange reserves increased by $ 738 million to $ 18,395 million as compared to $ 17,657 million in the previous week.

The increase in reserves is mainly attributed to Government of Pakistan inflow of $ 700 million from China Development Bank.

Copyright APP (Associated Press of Pakistan), 2016

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