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Pakistan’s forex reserves climb to $20.05402 bln

Lone Ranger

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KARACHI: Pakistan’s total liquid foreign exchange reserves have risen to 20.05402 billion dollars, said State Bank of Pakistan (SBP) on Thursday.

According to SBP, the forex reserves held by the SBP on October 2 amounted to 15.202 billion dollars while the net foreign reserves with other banks stood at 4.85202 billion dollars.

During the week ending October 2, SBP’s liquid foreign exchange reserves increased by 1.794 billion dollars to 15.202 billion dollars compared to 13.408 billion dollars in the previous week.

During the week, the SBP received 505 million dollars from International Monetary Fund (IMF) under EFF, 500 million dollars as proceeds of Pakistan International Bonds, 376 million dollars under Coalition Support Fund (CSF) and 263 million dollars as syndicate financing for Government of Pakistan.

Pakistan’s forex reserves climb to $20.05402 bln - thenews.com.pk
 
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and what percentage comprises of loans? probably 100%, just saying
 
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KARACHI: Pakistan’s total liquid foreign exchange reserves have risen to 20.05402 billion dollars, said State Bank of Pakistan (SBP) on Thursday.

According to SBP, the forex reserves held by the SBP on October 2 amounted to 15.202 billion dollars while the net foreign reserves with other banks stood at 4.85202 billion dollars.

During the week ending October 2, SBP’s liquid foreign exchange reserves increased by 1.794 billion dollars to 15.202 billion dollars compared to 13.408 billion dollars in the previous week.

During the week, the SBP received 505 million dollars from International Monetary Fund (IMF) under EFF, 500 million dollars as proceeds of Pakistan International Bonds, 376 million dollars under Coalition Support Fund (CSF) and 263 million dollars as syndicate financing for Government of Pakistan.

Pakistan’s forex reserves climb to $20.05402 bln - thenews.com.pk
For the first time in history of Pakistan,our forex reserves have crossed the $20 Billion mark............:pakistan::yahoo::bunny:
 
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I think we are going in right direction just government need to put check and balance for the TV stations and dharnas , Either have mid term elections or don't do dharna this none sense over 1 seat is stupid


Debt as % of GDP
26.11%

That is very alarming
 
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