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KARACHI: The country’s total liquid foreign exchange reserves stood at $18.508 billion during the week ending August 21 compared to $18.655bn the previous week, the State Bank of Pakistan (SBP) said on Thursday.
The SBP reserves decreased by $157 million to $13.458bn from $13.615bn, and the other banks’ holdings were $5.05bn as compared to $5.04bn.
During the week, the SBP made payments of $94m on account of external debt servicing.
Published in Dawn, August 28th, 2015
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Aug 28, 2015 02:52pm
This is just the beginning of artificially reserves inflated by borrowing and borrowing by Dar
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Aug 29, 2015 07:51am
There is another news Pakistan now has the third largest stockpile of nuclear weapons.BTW Indian reserve is at its record high of $360bn.With increasing foreign investment it will definitely sore up to $700bn by 2020 and by 2030 up to $2tn.
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