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KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $22.7 billion on Sept 16, down 0.7 per cent from a week ago, the State Bank of Pakistan (SBP) said on Thursday.
According to a statement released by the central bank, SBP’s liquid foreign exchange reserves decreased by $197 million to $17.6bn compared to $17.8bn in the preceding week.
During the week, the SBP made payments of $239m on account of external debt servicing.
Net foreign exchange reserves held by commercial banks amounted to a little over $5bn on Sept 16 after increasing by 0.7pc over the preceding week.
Published in Dawn, September 23rd, 2016
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Comments (3) Closed
Sep 23, 2016 06:45am
Bangladesh reserves are now becoming 180 billion and close to overtaking even India. Sheikh hasina keeps another 100 billion for safe keeping.
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Sep 23, 2016 10:42am
Bangladesh Reserves about $32bn (September, 2016).
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Sep 23, 2016 12:13pm
its debt clearance nothing to worry India is under dept of 500 billion dollars
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