Forex reserves slide to $19.182 billion

KARACHI: Pakistan’s foreign exchange reserves fell to $19.182 billion during the week ended February 2 from $19.354 billion a week ago, the central bank said on Thursday.

The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $173 million to $13.061 billion due to external debt servicing and other official payments, it said.

The foreign exchange reserves of commercial banks inched up to $6.122 billion against $6.120 billion.