Pakistan’s forex reserve position

Karachi: State Bank of Pakistan Thursday said the total liquid foreign reserves held by the country stood at US$17,494.2 million on 22May2015.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 12,284.4 million

ii) Net foreign reserves held by banks : US$ 5,209.8 million

iii) Total liquid foreign reserves : US$ 17,494.2 million

During the week ending 22May2015, SBP’s Liquid FX Reserves decreased by US$228 million to US$12,284 million, compared to US$12,512 million in the previous week.

During the week SBP made payment of US$136 million to IMF as the last instalment under SBA.