{"id":7679,"date":"2019-10-10T22:08:46","date_gmt":"2019-10-10T17:08:46","guid":{"rendered":"http:\/\/umang.pk\/2019\/10\/pakistans-total-liquid-foreign-reserves-fall-to-14-99-billion-sbp-business\/"},"modified":"2019-10-10T22:08:46","modified_gmt":"2019-10-10T17:08:46","slug":"pakistans-total-liquid-foreign-reserves-fall-to-14-99-billion-sbp-business","status":"publish","type":"post","link":"https:\/\/umang.pk\/ur\/2019\/10\/10\/pakistans-total-liquid-foreign-reserves-fall-to-14-99-billion-sbp-business\/","title":{"rendered":"Pakistan’s total liquid foreign reserves fall to $14.99 billion: SBP – Business"},"content":{"rendered":"

\"\"<\/p>\n

\n

On October 4, the country's total liquid external reserves amounted to $ 14.992 billion, a press release issued by the State Bank of Pakistan said on Thursday.<\/p>\n

During the week ending September 27, the country's total reserves were reported at $ 15.003 billion.<\/p>\n

The central bank's own reserves recorded an increase of $ 16 million to reach $ 7.76 billion during the week ending October 4, the brochure added.<\/p>\n

According to a break in the foreign reserves position provided by SBP:<\/p>\n

    \n
  1. Foreign reserves held by the State Bank of Pakistan – $ 7.757bn<\/li>\n
  2. Net foreign reserves held by commercial banks: $ 7.235 billion<\/li>\n
  3. Total liquid external reserves – $ 14,992bn<\/li>\n<\/ol>\n

    Read also:<\/strong> SBP discovers that stabilization can slow growth<\/em><\/p>\n

    Decrease of remittances<\/h2>\n

    The central bank also reported a decrease in remittances sent by Pakistanis abroad in the first three months of fiscal year 2019-20.<\/p>\n

    "Pakistani workers abroad remitted $ 5,478.11 million in the first three months (July to September) of fiscal year 20, compared to $ 5,557.61 million received during the same period last year," the SBP statement said.<\/p>\n

    However, the central bank observed that during September, remittances amounted to $ 1,747.95m, 3.4{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} more than August and 17.6{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} more than the amount received in September 2018.<\/p>\n

    Entries by country in September show that remittances from Saudi Arabia amounted to $ 420.88 million compared to $ 360.16 million in September 2018 and UAE figures were $ 363.34 million compared to $ 308.13 million. <\/p>\n

    Of the US $ 281.91 million, compared to $ 240.49 million, from the United Kingdom $ 264.89 million compared to $ 216.75 million and from GCC countries (including Bahrain, Kuwait, Qatar and Oman) $ 162.77 million compared to $ 134.49 millions.<\/p>\n

    EU remittances in September were $ 53.20 million compared to $ 41.14 million last September.<\/p>\n

    "Remittances received from Malaysia, Norway, Switzerland, Australia, Canada, Japan and other countries during September 2019 amounted to $ 200.95 million together compared to $ 185.31 million received in September 2018," the statement said.<\/p>\n<\/p><\/div>\n<\/pre>\n<\/pre>\n

    Source: https:\/\/www.dawn.com\/news\/1510101\/pakistans-total-liquid-foreign-reserves-fall-to-1499-billion-sbp<\/p>\n","protected":false},"excerpt":{"rendered":"

    On October 4, the country's total liquid external reserves amounted to $ 14.992 billion, a press release issued by the State Bank of Pakistan said on Thursday. During the week ending September 27, the country's total reserves were reported at $ 15.003 billion. The central bank's own reserves recorded an increase of $ 16 million […]<\/p>\n","protected":false},"author":1,"featured_media":7680,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/7679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/comments?post=7679"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/7679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/media?parent=7679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/categories?post=7679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/tags?post=7679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}