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Home » Karachi

Forex reserves decrease by $17mn

Karachi: State Bank of Pakistan here Thursday said the total liquid foreign reserves held by the country stood at US$20,678.6 million on 12May2017.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan : US$ 15,895.9 million

ii) Net foreign reserves held by commercial banks : US$ 4,782.7 million

iii) Total liquid foreign reserves : US$ 20,678.6 million

During the week ending 12May2017, SBP’s reserves decreased by US$17 million to US$15,896 million.

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