Forex reserves fall to $24.327 billion

KARACHI: Pakistan’s foreign exchange reserves fell by $135 million to $24.327 billion during the week ended October 21, the central bank reported on Thursday.  The forex reserves stood at $24.461 billion in the previous week.  The foreign exchange reserves held by the State Bank of Pakistan (SBP) declined to $19.320 billion from $19.462 billion a week ago.  The central bank made payments of $137 million on account of external debt servicing and other official payments.  The foreign exchange reserves of commercial banks remained flat at $5 billion.