Sunday September 26, 2021

Forex reserves fall to $24.875bln

July 30, 2021

KARACHI: Pakistan’s foreign exchange reserves declined by $253 million or 1.0 percent in the week ended July 23, the State Bank of Pakistan (SBP) said on Thursday.

The country’s total liquid foreign stood at $24.875 billion, compared with $25.128 billion a week ago.

The reserves held by the SBP decreased by $221 million to $17.829 billion. The forex reserves of commercial banks amounted to $7.045 billion. That compared with $7.077 billion in the previous week.