Pakistan’s foreign reserves stand at $16.685bn

KARACHI: According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at US$16,685.10 million on August 24, 2018

Summary of Holding and Weekly Change

Foreign reserves held by Aug 24, 2018 Aug 17, 2018 Change % Change
State Bank of Pakistan 10,226.70 10,234.80 -8.10 -0.08%
Net Foreign Reserves Held by Banks 6,458.40 6,488.00 -29.60 -0.46%
Total Liquid Foreign Reserves 16,685.10 16,722.80 -37.70 -0.23%

 

Pakistan’s total reserves are down by $3.715 Billion or 18.21 per cent compared to the corresponding period from last year (Sep 01, 2017).

Must Read

Chinese firm requests PM to reinstate 700 MW Azad Pattan power...

Exclusion from IGCEP will jeopardise bank financing under CPEC, undermines investor confidence, and disrupts the near-final financial closing, warns CEO of China Energy Engineering CorporationÂ