KARACHI: Pakistan’s foreign exchange reserves fell by $102 million during the week ended July 9, the central bank reported on Thursday.
The total liquid foreign reserves held by the country stood at $24.312 billion, compared with $24.414 billion in the previous week.
The State Bank of Pakistan’s reserves decreased by $26 million to $17.205 billion.
It is worth mentioning that the SBP on Wednesday said its reserves as of July 13 surged to $18.2 billion — the highest level since January 2017. The rise in the forex reserves was attributed to the inflows received from the recently issued Eurobonds. The reserves of commercial banks declined to $7.106 billion from $7.183 billion.
The headquarters of the Sui Southern Gas Company . — APP FileKARACHI: Sui Southern Gas Company has launched a fresh...
The logo of the ExpoMed Eurasia. — CA MI websiteKARACHI: Pakistan is participating in ExpoMed Eurasia, a leading...
Gold bars are seen in this undated file photo. — AFP/FileKARACHI: Gold prices increased by Rs500 per tola on...
FFBL Head Office building can be seen in Islamabad. — FFBL WebsiteKARACHI: Fauji Fertilizer Bin Qasim Limited has...
Representational file of an MBW car. — AFP FileLAHORE: Small improvements in economic credentials of the country are...
The logo of the Oil and Gas Regulatory Authority . — Ogra websiteKARACHI: After Pakistan’s oil refineries,...