Forex reserves decrease by $14 million

Karachi, April 21, 2016 (PPI-OT):State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$20,779.8 million on 15 April 2016. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 16,027.2 million

ii) Net foreign reserves held by banks: US$ 4,752.6 million

iii) Total liquid foreign reserves: US$ 20,779.8 million

During the week ending 15 April 2016, SBP’s Liquid FX Reserves decreased by US$14 million to US$16,027 million, compared to US$16,041 million in the previous week.

During the week, SBP made payments of US$178 million on account of external debt servicing and other official payments. During the week, SBP received US$223.6 million from USA under Coalition Support Fund.

For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436