Weekly reserves fall

Published March 27, 2015

KARACHI: The country’s total liquid foreign exchange reserves stood at $16.131 billion during the week ending March 20 compared to $16.273bn the previous week, the State Bank of Pakistan (SBP) said on Thursday.

The SBP reserves decreased by $159 million to $11.067bn from $11.226bn, and the other banks’ holdings were $5.064bn as compared to $5.047bn.

During the week, the central bank made payments of $268m on account of external debt and other official payments, including $51m payment to International Monetary Fund (IMF); however, it received $114m from multilateral, bilateral and other sources.

Published in Dawn, March 27th, 2015

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