Pakistan’s liquid foreign reserves reached to over US $ 21.319 billion

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Pakistan’s liquid foreign reserves reached to over US $ 21.319 billion

ISLAMABAD, May 19 (APP): The total liquid foreign reserves held by the country stood at US$ 21,319.4 million on May 13, 2016.

Giving the break up of the foreign reserves position, a statement of Central Bank issued on Thursday said that Foreign reserves held by the State Bank of Pakistan stood at US$ 16,517.5 million while Net foreign reserves held by commercial banks were US$ 4,801.9 million on May 13.

The Central Bank said that during the week ending May 13, 2016, SBP’s Liquid FX Reserves increased by US $485 million to US $16,518 million, compared to US$ 16,033 million in the previous week.