KARACHI: Pakistan’s foreign exchange reserves dropped to $15.682 billion during the week ended July 13 from $16.084 billion a week ago, the central bank said on Thursday. The foreign exchange reserves held by the central bank decreased $416 million to $9.064 billion due to external debt and other official payments. The forex reserves of commercial banks rose to $6.618 billion from $6.604 billion a week ago.
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Silver rates remained unchanged at Rs2,580 per tola
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Announcement was made by Askar Sydykov, Director of IBC, during discussions with a Pakistani trade delegation led by...