Liquid foreign reserves reach $16,136.6 million

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The State Bank of Pakistan (SBP) Thursday announced that the total liquid foreign reserves held by the country stood at US$16,136.6 million on February 27, 2015.

The break-up of the foreign reserves position is as following: foreign reserves held by SBP remained US$11,207.2 million, net foreign reserves held by banks were US$ 4,929.4 million and total liquid foreign reserves stood US$16,136.6 million.

During the week ending February 27, 2015, SBP’s Liquid FX Reserves increased by US$132 million to US$11,207 million, compared to US$11,075 million in the previous week, which includes disbursement of US$51 million from International Development Association (IDA).