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Monday April 29, 2024

Forex reserves dip to $20.189 billion

By our correspondents
December 29, 2017

KARACHI: Pakistan’s foreign exchange reserves fell to $20.189 billion during the week ended December 22 from $20.383 billion a week ago, the State Bank of Pakistan (SBP) said on Thursday.

The central bank’s reserves dropped $199 million to $14.133 billion due to external debt and other official payments. It said.

The foreign exchange reserves held by commercial banks stood at $6.055 billion as compared to $6.051 billion during the previous week.