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October 18, 2018

Foreign reserves decrease by $219m due to external debt servicing

News Desk

News Desk

October 18, 2018

Foreign reserves decrease by $219m due to external debt servicing

The total liquid foreign reserves held by the country stood at $14,613.9
million on 12 October 2018.

The foreign reserves held by the State Bank of Pakistan (SBP) stood at $8,088.9
million, while the net foreign reserves held by commercial banks stood at $6,525.0 million.

Total liquid foreign reserves held by the country totalled to $ 14,613.9 million.

According to the state bank, during the week ending 12 October 2018, SBP’s reserves decreased by $219 million to $8,089 million due to external debt servicing and other official payments.

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