Liquid forex stand at $13,990.1 million: SBP

Thursday, July 3rd, 2014 1:46:58 by

KARACHI: The total liquid foreign reserves held by the country stood at ,990.1 million on June, 27, 2014.According to the break-up of the foreign reserves position, foreign reserves with State Bank of Pakistan stood at ,033.2 million and net foreign reserves held by bank were $ 4,956.9 millions, a State Bank press release here Thursday said. During the week ending June 27, 2014, SBP's Liquid FX Reserves had decreased by $ 157 million to ,033 million compared to $ 9,190 millions of previous week. During the same period the SBP has made payments of US$ 249 million from its reserves on account of external debt servicing and other official payments, which includes $ 148 million paid to IMF under stand by arrangements.The SBP received inflows multilateral and bilateral sources amounting to $ 98 millions during the week.Copyright APP (Associated Press of Pakistan), 2014
Karachi News Sources

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