Forex reserves fall to $23.256bln
By Our Correspondent
June 25, 2021
KARACHI: Pakistan’s foreign exchange reserves dropped by $330 million or 1.39 percent in the week ended June 18, the central bank said on Thursday.
The country’s forex reserves stood at $23.256 billion, compared with $23.586 billion in the previous week.
The reserves held by the State Bank of Pakistan decreased by $311 million to $16.106 billion, mainly due to external debt repayments, it said in a statement.
The reserves of commercial banks also fell to $7.150 billion from $7.169 billion.
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