Forex reserves slightly fall

KARACHI: Foreign exchange reserves of the country fell $98 million to $20.423 billion by week ended March 25 as compared with $20.521 billion in the preceding week, the State Bank of Pakistan (SBP) reported on Thursday.

Foreign exchange reserves maintained by the State Bank of Pakistan have decreased by $42 million to $15.588 billion as compared to the preceding week’s level of $15.63 billion.

The reserves held by commercial banks declined by $56 million to $4.835 billion as against $4.891 billion.