Forex reserves fall to $20.254bln

By Our Correspondent
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Published January 01, 2021

KARACHI: Pakistan’s foreign exchange reserves fell to $20.254 billion in the week that ended December 24 from $20.313 billion a week ago, the State Bank of Pakistan (SBP) said on Thursday.

The forex reserves held by the SBP decreased $65 million to $13.150 billion due to external debt repayments, the SBP’s statement said. The foreign exchange reserves of commercial banks stood at $7.103 billion, compared with $7.096 billion in the previous week.

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