The country's liquid foreign exchange reserves declined by $54.5 million during last week. According to State Bank of Pakistan (SBP) weekly report, the country's liquid foreign exchange reserves stood at $20.780 billion as on April 15, 2016 compared to $20.834 billion on April 8, 2016.
During the week under review, SBP's liquid foreign exchange reserves decreased by $14 million to $16.027 billion compared to $16.041 billion in the previous week. During the week, the SBP made payments of $178 million on account of external debt servicing and other official payments. The SBP received $223.6 million from the US under the Coalition Support Fund.
Similarly, forex reserves held by banks declined to $4.752 billion at the end of the week from $4.793 billion.
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