SBP’s reserves decrease by $293mn

During the week ending 19 September 2018, SBP’s reserves decreased by $293 million to $9,036 million, due to external debt servicing and other official payments.

The total liquid foreign reserves held by the country stood at $15,521.5 million as on 9 September 2018.

Foreign reserves held by the State Bank of Pakistan stood at $9,036.2 million, net foreign reserves held by commercial banks at$6,485.3 million, and the total liquid foreign reserves stood at $15,521.5 million.

During the week ending 19 September 2018, SBP’s reserves decreased by $293 million to $9,036 million, due to external debt servicing and other official payments.

 

Must Read

European companies show interest in investing in Pakistan’s IT sector

Startups that graduated from NIC have started attracting foreign IT companies to invest in Pakistan