Business News

Forex reserves stand at US $23.163 bln

ISLAMABAD, (MILLAT+APP): The total liquid foreign reserves held
by the country stood at US $23,163.6 million as on December 30,
the State Bank of Pakistan (SBP) reported.
According to break up figure, the foreign reserves held by
the State Bank of Pakistan stood at US $ 18,268.9 mln while the net
foreign reserves held by commercial banks were recorded at US $
4,894.7 mln.
According to SBP report, during the week ending December 30,
SBP’s reserves decreased by US $ 30 mln to 18,269 mln due to external
debt servicing.