Reserves stand at $18.5b

KARACHI - The total liquid foreign reserves held by the country stood at $18,508.7 million on 21 August 2015. The break-up of the foreign reserves position released on Thursday, foreign reserves held by the SBP $13,458.4 million, net foreign reserves held by banks are $5,050.3 million, thus total liquid foreign reserves stood at $ 18,508.7 million. During the week ending 21 August 2015, SBP’s Liquid FX Reserves decreased by $157 million to $13,458 million, compared to $13,615 million in the previous week. During the week, SBP made payments of $94 million on account of external debt servicing.

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