Liquid foreign reserves reach $20,054.2m


KARACHI: State Bank of Pakistan (SBP) on Wednesday announced that he total liquid foreign reserves held by the country stood at US$20,054.2 million on 02 October2015.

The break-up of the foreign reserves position is as under: Foreign reserves held by the State Bank of Pakistan stood US$ 15,202.0 million; Net foreign reserves held by banks were US$ 4,852.2 million; and total liquid foreign reserves were US$ 20,054.2 million

During the week ending 02 October2015, SBP’s Liquid FX Reserves increased by US$1,794 million to US$15,202 million, compared to US$13,408 million in the previous week.

During the week, SBP received US$505 million from IMF under EFF, US$500 million as proceeds of Pakistan International Bonds, US$376 million under Coalition Support Fund (CSF) and US$263 million as syndicate financing for Government of Pakistan.