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Friday April 19, 2024

Forex reserves decline

By our correspondents
November 24, 2017
KARACHI: Pakistan's total liquid foreign exchange reserves declined to $19.695 billion during the week ended November 17 as compared to $19.710 billion during the previous week, the central bank said on Thursday.
The State Bank of Pakistan's foreign exchange reserves went down to $13.541 billion during the week under review from $13.678 billion, it said.
The forex reserves held by the State Bank of Pakistan decreased around $137 million on the back of debt payments, the SBP said. The forex reserves of commercial banks rose to $6.169 billion from $6.017 billion a week ago. By our correspondent
KARACHI: Pakistan's total liquid foreign exchange reserves declined to $19.695 billion during the week ended November 17 as compared to $19.710 billion during the previous week, the central bank said on Thursday. The State Bank of Pakistan's foreign exchange reserves went down to $13.541 billion during the week under review from $13.678 billion, it said.
The forex reserves held by the State Bank of Pakistan decreased around $137 million on the back of debt payments, the SBP said. The forex reserves of commercial banks rose to $6.169 billion from $6.017 billion a week ago.