The country's total liquid foreign reserves rose by $190 million during the last week mainly due to inflow of Coalition Support Fund (CSF). According to State Bank of Pakistan's weekly forex reserve report issued on Thursday, Pakistan's total liquid foreign reserves reached $13.401 billion as on October 3, 2014 compared to $13.211 billion as on September 26, 2014.
The SBP's liquid foreign reserves increased by $247 million to reach $8.857 billion in the last week against $8.610 billion a week earlier. During the period under review, the SBP received $484 million from multilateral, bilateral and other sources, which includes $364 million received on account of Coalition Support Fund (CSF). While the SBP paid $133 million on account of external debt servicing and other official payments during the last week. Meanwhile, during the period under review reserves held by the banks posted a decline of $57.1 million to reach $4.543 billion as compared to $4.601 billion as on September 26, 2014.
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