Reserves reach $18.2 billion mark

03 Jul, 2015

The country's liquid foreign exchange reserves posted an increase of $744 million during the last week. The State Bank of Pakistan's weekly forex report on Thursday revealed that the country's totalled liquid foreign exchange reached $18.201 billion mark as on June 26, 2015 compared to $17.46 billion a week earlier.
During the week under review, SBP's liquid forex reserves increased by $772 million to $13.088 billion, compared to $12.316 billion in the previous week. This increase is mainly attributed to receipts of $756 million from the World Bank.
However, reserves held by commercial banks decline marginally by $28.2 million to $5.113 billion down from $5.141 billion.

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