close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
March 9, 2018

Forex reserves shrink to $18.329 billion

Business

March 9, 2018

KARACHI: Pakistan’s total liquid foreign exchange reserves went down to $18.329 billion on March 2 from $18.413 billion a week ago, the central bank reported on Thursday.

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell to $12.233 billion as compared to $12.346 billion in the previous week.

The depletion in the central bank’s reserves is due to external debt servicing and other official payments.

The foreign exchange reserves held by commercial banks came at $6.096 billion as opposed to $6.067 billion in the preceding week.

Topstory minus plus

Opinion minus plus

Newspost minus plus

Editorial minus plus

National minus plus

World minus plus

Sports minus plus

Business minus plus

Karachi minus plus

Lahore minus plus

Islamabad minus plus

Peshawar minus plus