Forex reserves rise to $14.2 billion

[farhan_9909]

KARACHI - Total liquid foreign reserves of by the country increased to 14.26305 billion dollars,

said State Bank of Pakistan.According to weekly SBP statement issued here on Thursday, the foreign reserves held by State Bank on June 20 amounted to $9.18905 billion against the previous week balance of $ 8.66903 billion. The net foreign reserves held by banks figured $5.074 billion against the previous balance of $ 4.90109 billion. During the week ending June 20, SBP’s liquid forex reserves increased by $ 521 million to $ 9,190.


During the week, SBP received inflows from multilateral and bilateral sources amounting to $ 258 million including $ 230 million from World Bank.

SBP also received flows of over $ 300 million on account of privatization proceeds.

SBP has made payments of $ 232 million from its reserves on account of external debt servicing, which includes $ 57 million to International Monetary Fund (IMF)

Forex reserves rise to $14.2 billion

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Govt target

July:15Billion dollars

Dec:19Billion dollars

 

[Tameem]

KARACHI - Total liquid foreign reserves of by the country increased to 14.26305 billion dollars,

said State Bank of Pakistan.According to weekly SBP statement issued here on Thursday, the foreign reserves held by State Bank on June 20 amounted to $9.18905 billion against the previous week balance of $ 8.66903 billion. The net foreign reserves held by banks figured $5.074 billion against the previous balance of $ 4.90109 billion. During the week ending June 20, SBP’s liquid forex reserves increased by $ 521 million to $ 9,190.


During the week, SBP received inflows from multilateral and bilateral sources amounting to $ 258 million including $ 230 million from World Bank.

SBP also received flows of over $ 300 million on account of privatization proceeds.

SBP has made payments of $ 232 million from its reserves on account of external debt servicing, which includes $ 57 million to International Monetary Fund (IMF)

Forex reserves rise to $14.2 billion

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=====================================
=========================================

Govt target

July:15Billion dollars
Dec:19Billion dollars

Don't be so happy....ik is falling on Pakistan this 14th August