KARACHI: Pakistan’s foreign exchange reserves fell to $22.050 billion during the week ended March 17 from $22.274 billion a week ago, the central bank said on Friday.
The reserves held by the State Bank of Pakistan (SBP) declined $278 billion on the back of external debt servicing.
The central bank’s reserves stood at $16.961 billion as compared to $17.238 billion in the preceding week.
Net forex reserves of commercial banks amounted to $5.089 billion against $5.035 billion recorded during the previous week.