Forex reserves fall to $18.508 billion
KARACHI: Pakistan’s foreign exchange reserves declined to $18.508 billion during the week ended August 21 as compared to $18.655 billion in the previous week, the central bank reported on Thursday. Foreign reserves held by the State Bank of Pakistan (SBP) fell $157 million to $13.458 billion as against $13.615 billion
By our correspondents
August 28, 2015
KARACHI: Pakistan’s foreign exchange reserves declined to $18.508 billion during the week ended August 21 as compared to $18.655 billion in the previous week, the central bank reported on Thursday.
Foreign reserves held by the State Bank of Pakistan (SBP) fell $157 million to $13.458 billion as against $13.615 billion a week ago.
The decrease in the SBP’s reserves is stemmed from debt repayments to the international creditors.
The State Bank of Pakistan made payments of $94 million on account of external debt servicing.
Foreign currency reserves of commercial banks amounted to $5.05 billion from $5.03 billion last week.
Foreign reserves held by the State Bank of Pakistan (SBP) fell $157 million to $13.458 billion as against $13.615 billion a week ago.
The decrease in the SBP’s reserves is stemmed from debt repayments to the international creditors.
The State Bank of Pakistan made payments of $94 million on account of external debt servicing.
Foreign currency reserves of commercial banks amounted to $5.05 billion from $5.03 billion last week.
-
Funeral Home Owner Sentenced To 40 Years For Selling Corpses, Faking Ashes -
Why Is Thor Portrayed Differently In Marvel Movies? -
Dutch Seismologist Hints At 'surprise’ Quake In Coming Days -
Australia’s Liberal-National Coalition Reunites After Brief Split Over Hate Laws -
DC Director Gives Hopeful Message As Questions Raised Over 'Blue Beetle's Future -
King Charles New Plans For Andrew In Norfolk Exposed -
What You Need To Know About Ischemic Stroke -
Shocking Reason Behind Type 2 Diabetes Revealed By Scientists -
SpaceX Cleared For NASA Crew-12 Launch After Falcon 9 Review -
Meghan Markle Gives Old Hollywood Vibes In New Photos At Glitzy Event -
Simple 'finger Test' Unveils Lung Cancer Diagnosis -
Groundbreaking Treatment For Sepsis Emerges In New Study -
Roblox Blocked In Egypt Sparks Debate Over Child Safety And Digital Access -
Savannah Guthrie Addresses Ransom Demands Made By Her Mother Nancy's Kidnappers -
OpenAI Reportedly Working On AI-powered Earbuds As First Hardware Product -
Andrew, Sarah Ferguson Refuse King Charles Request: 'Raising Eyebrows Inside Palace'