Home Business News Forex reserves down by $40m to $22.9 Bn: SBP

Forex reserves down by $40m to $22.9 Bn: SBP

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KARACHI: The total liquid foreign reserves held by the country stood at $22,996.6 million on July 22, 2016.
The break-up of the foreign reserves position released on Thursday showed that foreign reserves held by the SBP stood at $18,036.9 million and net foreign reserves held by commercial banks are $4,959.7 million.
During the week ending 22nd July, SBP’s liquid FX reserves decreased by $40 million to $18,037 million, compared to $18,077m in the previous week.During the week, SBP made payments of $83m  on account of external debt servicing.

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