Pakistan’s foreign exchange reserves reaches US $ 23.038 billion

BusinessPakistan's foreign exchange reserves reaches US $ 23.038 billion

ISLAMABAD, Pakistan: The total liquid foreign reserves held by the country stood at US$ 23,038.7 million on August 26, 2016.

Giving the break-up of the foreign reserves position, a statement of the State Bank of Pakistan (SBP) issued on Thursday said that the foreign reserves held by the State Bank of Pakistan  stood at US$ 18,128.8  million while Net foreign reserves held by commercial banks were US$ 4,909.9  million.

   

During the week ending August 26, 2016, SBP’s Liquid FX Reserves decreased by US$ 58 million to US$ 18,129 million, compared to US$ 18,187 million in the previous week.

During the week, the State Bank of Pakistan made payments of US$ 34 million on account of external debt servicing.

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Mati
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