KARACHI: The total liquid foreign reserves of the country stand at dollars 8.52603 billion, said State Bank of Pakistan (SBP).
The foreign reserves held by State Bank amounted to dollars 3,467.8 million and the net foreign reserves held by banks other than SBP
to dollars 5.05805 billion, said a SBP statement here on Thursday.
During the week ending on December 13, 2013, State Bank's liquid forex reserves increased by dollars 505 million to dollars 3,468 million compared to dollars 2,963 million in the previous week.
The increase in the Central Bank's reserves is mainly attributed to $ 430 million inflows from multilateral and bilateral sources which included $ 144 million from the Department for International Development (DFID), $ 137 million from Islamic Development Bank (IDB) and $ 149 million accounted for receipts from other multilateral institutions.
On account of external debt servicing and other official payments, SBP has made payments of $ 100 million from its reserves during the week ending Dececmber 13, 2013.
More inflows, including disbursement of the second tranche of Extended Fund Facility of around $ 550 million are expected in the coming days that would further augment the foreign exchange reserves of the country.
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