The State Bank of Pakistan (SBP) announced on Thursday that the total liquid foreign reserves held by the country’s banks stood at $19,746.3 million on November 6, 2015.
The break-up of the foreign reserves position showed that foreign reserves held by SBP stood at $14,704.2 million while net foreign reserves held by commercial banks remained $5,042.1 million during the week.
During the week ending November 6, SBP’s Liquid FX reserves decreased by $117 million to reach $14,704 million compared with last week’s $14,821 million. The decrease in reserves was mainly because of payments of $108 million in external debt servicing.
