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Pakistan's Liquid Foreign Reserves Increase

Mohammad Ali (@ChaudhryMAli88) Published February 23, 2017 | 07:31 PM

Pakistan's Liquid Foreign Reserves increase

KARACHI, (UrduPoint / Pakistan Point News - 23rd Feb, 2017 ) : The total liquid foreign reserves held by the country stood at US$ 21,929.8 million on 17 February 2017, says a statement issued on Thursday by the State Bank of Pakistan.

It said that the break-up of the foreign reserves position is as under: i) Foreign reserves held by SBP: US$ 17,027.

8 million. ii) Net foreign reserves held by commercial banks:US$ 4,902.0 million.

iii) Total liquid foreign reserves: US$ 21,929.8 million. The statement further pointed out that during the week ending 17 February 2017, SBP's reserves increased by US$ 35 million to US$ 17,028 million.

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