Liquid foreign reserves position

Karachi: State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at US$16,131.9 million on 20March2015.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ 11,067.3 million

ii) Net foreign reserves held by banks : US$ 5,064.6 million

iii) Total liquid foreign reserves : US$ 16,131.9 million

During the week ending 20March2015, SBP’s Liquid FX Reserves decreased by US$159 million to US$11,067 million, compared to US$11,226 million in the previous week.

During the week SBP made payments of US$268 million on account of external debt and other official payments, which include US$51 million payment to IMF under ENDA. During the same period, SBP received US$114million from multilateral, bilateral and other sources.

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