Liquid foreign reserves stand at $20,834.2 million: SBP

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ISLAMABAD: The total liquid foreign reserves held by the country stood at US$20,834.2 million on May 6, 2016.

Giving the break-up of the foreign reserves position, the Chief Spokesman of State Bank of Pakistan (SBP) said, foreign reserves held by the State Bank of Pakistan were US$ 16,032.7 million and net foreign reserves held by commercial banks stood at US$ 4,801.5  million.

During the week ending May 6, 2016, SBP’s Liquid FX Reserves increased by US$ 128 million to US$ 16,033 million, compared to US$ 15,905 million in the previous week.