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Pak forex reserves figure $ 8.16804 bln

January 24, 2014

The total liquid foreign reserves of the country stand at dollars 8.16804 billion , said State Bank of Pakistan (SBP). SBP’s weekly statement issued here on Thursday said that the foreign reserves held by State Bank on January 17, 2014 amounted $ 3,322.3 million .Whereas, the net foreign reserves held by banks other than SBP amounted $ 4,846.1 million . During the week ending Jan 17 , the SBP’s liquid foreign exchange reserves decreased by $ 145 million to $ 3,322 million compared to $ 3,467 million in the previous week. The decrease in the Central Bank reserves is partly attributed to $ 59 million paid on account of external debt servicing and other official payments. During the week, there was no significant inflow from multilateral and bilateral sources, said SBP.

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Source: Frontier Star (Pakistan)

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