Forex reserves decrease by $133mn

Karachi: State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$18,329.2 million on 02March2018.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan : US$ 12,233.2 million

ii) Net foreign reserves held by commercial banks : US$ 6,096.0 million

iii) Total liquid foreign reserves : US$ 18,329.2 million

During the week ending 02March2018, SBP’s reserves decreased by US$113 million to US$12,233 million, due to external debt servicing and other official payments.