Foreign exchange: SBP’s pot boost 0.52% to $18.491b
PHOTO: EXPRESS
KARACHI:
Foreign sell pot hold by a State Bank of Pakistan (SBP) increasing 0.52% on a weekly basement on Sep 30, according to information expelled by a executive bank on Thursday.
SBP’s glass unfamiliar sell pot increasing $96 million to $18,491 million compared to $18, 395 million in a prior week.
Total glass unfamiliar pot hold by a country, including net pot hold by banks other than a SBP, stood during $23,612 million while net pot hold by banks amounted to $5,121 million.
The boost in SBP’s pot is due to deduction of $102 million perceived from IMF as a final tranche underneath EFF. Two weeks ago, a SBP done payments of $239 million on comment of outmost debt servicing. Three and 4 weeks before, a SBP done identical payments of $296 million and $60 million, respectively.
Published in The Express Tribune, Oct 7th, 2016.
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Article source: http://tribune.com.pk/story/1194761/foreign-exchange-sbps-reserves-increase-0-52-18-491b/