Forex reserves fall to $18.744bln
By Our Correspondent
May 15, 2020
KARACHI: Pakistan’s foreign exchange reserves fell to $18.744 billion in the week ended May 8, from $18.755 billion a week ago, the central bank reported on Thursday.
The foreign exchange reserves held by the State Bank of Pakistan decreased $59 million to $12.270 billion, mainly on account of external debt repayments, the SBP said.
The foreign exchange reserves of commercial banks rose to $6.473 billion from $6.425 billion.
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