Yet an­other...

Pakistan Observer - - PAGE 07 -

end of this month by the IMF board which will be meet­ing on June 27 help­ing build­ing up for­eign ex­change re­serves of the coun­try.

It may be noted that in the pre­vi­ous month of may Pak­istan re­ceived $534 mil­lion IMF loan and yet an­other is due by the end of this month which will help meet­ing for­eign ex­change re­serve tar­get of $17 bil­lion by June 2016.

The cur­rent for­eign ex­change re­serves of the coun­try es­ti­mated at US$21,770.5 mil­lion on 17June 2016 with a break up of US$ 16,815.5 mil­lion SBP and net for­eign re­serves of $4,955.0 mil­lion held by the com­mer­cial banks which brings the to­tal liq­uid for­eign re­serves at $ 21,770.5 mil­lion

Dur­ing the week end­ing 17June2016, SBP’s Liq­uid FX Re­serves in­creased by US$ 270 mil­lion to US$16,816 mil­lion, com­pared to US$16,546 mil­lion in the pre­vi­ous week.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.