Pakistan Foreign Reserves Fall by $82 Million

Pakistan Foreign Reserves Fall by $82 Million

The total foreign reserves held by the country stood at US$ 15,063.9 million on January 23, 2015, State Bank of Pakistan (SBP) said here on Thursday.

Dollar

The break-up of the foreign reserves position is as under:

(1) Foreign reserves held by the SBP US$ 10,248.7 million.

(2) Net foreign reserves held by banks US$ 4,815.2 million.

(3) Total liquid foreign reserves US$ 15,063.9 million.

During the week ending 23 January 2015, SBP’s liquid FX reserves decreased by US$ 82 million to US$ 10,249 million compared to US$ 10,331 million in the previous week.

During the week the SBP made payments of US$143 million on account of external debt servicing and other official payments. No major inflow was recorded during the week, it added. -samaa