Pakistan’s Liquid Foreign reserves reached over US $ 22.770 billion

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Pakistan’s Liquid Foreign reserves reached over US $ 22.770 billion

ISLAMABAD, June 23 (APP): The total liquid foreign reserves
held by the country stood at US$21,770.5 million on June 17,2016.
Giving the break up of the foreign reserves position a
statement of the Central Bank issued here Thursday said that Foreign reserves held by the State Bank of Pakistan stood at US$ 16,815.5 million while Net foreign reserves held by commercial banks were US$ 4,955.0 million on June 17.

During the week ending June 17,2016, SBP’s Liquid FX Reserves
increased by US$ 270 million to US$16,816 million, compared to US$16,546 million in the previous week.

During the week, SBP received US$ 370 million from
multilateral, bilateral and other official sources, which include
US$107 million received from World Bank.

During the week, SBP made payments of US$64 million on account
of external debt servicing and other official payments.