Top News

Pakistan's Foreign Reserves position

KARACHI: The total liquid foreign reserves held by the country stood at US$ 20,154.3 million on December 29 2017, an
Published January 4, 2018 Updated January 4, 2018 02:52pm

KARACHI: The total liquid foreign reserves held by the country stood at US$ 20,154.3 million on December 29 2017, announced by the State Bank of Pakistan (SBP), here on Thursday.

It said that the break-up of the foreign reserves position is as under:

i) Foreign reserves held by SBP: US$ 14,106.7 million

ii) Net foreign reserves held by commercial banks: US$ 6,047.6 million

iii) Total liquid foreign reserves: US$ 20,154.3 million.

During the week ending December 29 2017, SBP's reserves decreased by US$ 26 million to US$ 14,107 million, due to payments on account of external debt servicing.

Copyright APP (Associated Press of Pakistan), 2018