Pakistan's Liquid Foreign Reserves Position

Pakistan's Liquid Foreign Reserves Position

KARACHI: (APP) The total liquid foreign reserves held by the country stood at US$ 22,050.2 million on 17 March 2017, says a statement issued here on Friday by the State Bank of Pakistan (SBP).

It said that the break-up of the foreign reserves position is as under:

i) Foreign reserves held by SBP: US$ 16,960.5 million

ii) Net foreign reserves held by commercial banks: US$ 5,089.7 million

iii) Total liquid foreign reserves: US$ 22,050.2 million

During the week ending 17 March 2017, SBP's reserves decreased by US$ 278 million to US$ 16,961 million, on account of external debt servicing, the statement further pointed out.