Pakistan Forex Reserves Stand at $15.01908bn

Total liquid foreign exchange reserves of the country stand at dollars 15.01908 billion, said State Bank of Pakistan’s (SBP) weekly statement issued here on Thursday.


The statement said that the foreign reserves held by the SBP on January 16 amounted to dollars 10.33005 billion and the net foreign reserves held by other banks stood at dollars 4.68903 billion. During the week ending on January 16, SBP’s liquid foreign exchange reserves decreased by dollars 34 million to $ 10.331 billion compared to $ 10.365 billion of the previous week. 

Over the period, SBP made payments of $ 57 billion on account of external debt servicing and other official payments. No major inflow was recorded during the week under consideration. -APP