Friday, February 28, 2020

Pakistan: State Bank Reserves declines by $ 788 million to $ 8.05 billion

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

The total liquid foreign reserves held by Pakistan stood at $15.126 billion on May 17.

State Bank of Pakistan (SBP) released the data shows that foreign reserves held by the State Bank of Pakistan $ 8.057 billion.

Whereas the net foreign reserves held by commercial banks   stood at $ 7.068 billion.

Total liquid foreign reserves stood at $ 15.126 billion.

During the week ending May 17, SBP’s reserves declined by $788 million to $ 8.057 billion, due to external debt servicing and other official payments.

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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