The country's total liquid foreign reserves fell by $146 million during last week due to external debt payment. According to State Bank of Pakistan (SBP), Pakistan's total liquid foreign exchange reserves declined to $18.509 billion as on August 21, 2015 against $18.655 billion on August 14, 2015.
The decline has been witnessed in the SBP's reserves. During the week under review, SBP's liquid foreign exchange reserves decreased by $157 million to $13.458 billion, compared to $13.615 billion in the previous week. SBP made payment of $94 million on account of external debt servicing during the last week. In addition, reserves held by the banks posted an increase of $10.5 million to reach $5.05 billion on August 21, 2015 against $5.04 billion on August 14, 2015.
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