SBP''s forex reserves up by $2 billion

The liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $2.006 billion to $14.666 billion during the week ended December 8, 2017. According to the data issued by the SBP Thursday, the change in reserves was due to proceeds from Pakistan international bonds and payments on account of external debt servicing and other official outflows.
The total liquid foreign exchange reserves held by the country stood at $20.686 billion during this week. Net forex reserves held by commercial banks stood at $6.020 billion, the SBP said.