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April 9, 2021

Forex reserves fall to $20.679bln

Business

April 9, 2021

KARACHI: Pakistan’s foreign exchange reserves fell by $157 million or 0.75 percent to clock in at $20.679 billion during the week ended April 2, the central bank said on Thursday.

The total liquid foreign reserves held by the country stood at $20.836 billion in the previous week.

The reserves held by the State Bank of Pakistan (SBP) decreased by $146 million to $13.527 billion, due to external debt repayments, it said in a statement. The reserves of commercial banks also reduced to $7.152 billion from $7.163 billion last week.