Business News

Pakistan’s forex reserves climb to $20.05402 bln: SBP

Latest Update: October 8, 2015 | 153 Views

KARACHI: Pakistan’s total liquid foreign exchange reserves have risen to 20.05402 billion dollars, said State Bank of Pakistan (SBP) on Thursday.

According to SBP, the forex reserves held by the SBP on October 2 amounted to 15.202 billion dollars while the net foreign reserves with other banks stood at 4.85202 billion dollars.

During the week ending October 2, SBP’s liquid foreign exchange reserves increased by 1.794 billion dollars to 15.202 billion dollars compared to 13.408 billion dollars in the previous week.

During the week, the SBP received 505 million dollars from International Monetary Fund (IMF) under EFF, 500 million dollars as proceeds of Pakistan International Bonds, 376 million dollars under Coalition Support Fund (CSF) and 263 million dollars as syndicate financing for Government of Pakistan.



Top of the Hour