Pakistan’s liquid foreign reserves position

BusinessPakistan's liquid foreign reserves position

KARACHI, Pakistan: The total liquid foreign reserves held by the Country stood at US$ 22,050.2 million on March 17, 2017, according to the State Bank of Pakistan (SBP).

In a press release issued in Karachi on Friday, the State Bank said it said that the break-up of the foreign reserves position is as under:

i) Foreign reserves held by the SBP: US$ 16,960.5 million

ii) Net foreign reserves held by commercial banks: US$ 5,089.7 million

iii) Total liquid foreign reserves: US$ 22,050.2 million

During the week ending March 17, the State Bank of Pakistan’s reserves decreased by US$ 278 million to US$ 16,961 million on account of external debt servicing, the SBP further pointed out.

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