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KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20.38 billion on Aug 31, up $386 million or 1.9 per cent from a week ago, the State Bank of Pakistan (SBP) said on Thursday.
Reserves of the SBP increased $338m to $14.7bn due to official inflows.
Net foreign exchange reserves held by commercial banks amounted to $5.7bn on Aug 31, up $48m from the preceding week.
Published in Dawn, September 8th, 2017
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Comments (5) Closed
Sep 08, 2017 12:31pm
What a shameful figure when one compares to Bangladesh with about 33 Billion Dollars in reserves. One can say that Bangladesh is better off alone than being part of Pakistan. This is a clear sign of better governance over there.
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Sep 08, 2017 01:29pm
India reserves has increased by more than $100 BN in last 3 years. Currently is somewhere aroung $400 BN. And every month its on rise. Till pakistan thinks big in terms for from Millions to billions, Kilo watt to Mega watt, i dnt see scope of any improvement. Need to restructure macro economics than only talking on some million dollars to kwts.. time to think big, do big.. Reform in politics, all industry, society and education needs an urgent surgery.
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Sep 08, 2017 03:42pm
For some time. HBL has to pay off its fine.
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Sep 08, 2017 03:43pm
@Rahul Well put Rahul.
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Sep 09, 2017 09:17am
Bangladesh Reserves near $34bn.
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