KARACHI: Pakistan’s foreign exchange reserves dropped to $18.968 billion during the week ended February 9 from $19.354 billion a week ago, the central bank reported on Thursday.
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell $277 million to $12.834 billion, owing to external debt servicing and other official payments. The foreign exchange reserves of commercial banks increased to $6.134 billion as compared to $6.122 billion during the previous week.
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