Forex reserves fall to $16.6bn
By Our Correspondent
April 29, 2022
KARACHI: Pakistan’s foreign exchange reserves fell by $377 million or 2.2 percent in the week ended on April 23, the central bank said on Thursday.
The total liquid foreign reserves held by the country stood at $16.668 billion, compared with $17.045 billion in the previous month.
The reserves held by the State Bank of Pakistan decreased by $328 million to $10.558 billion on external debt and other payments, the SBP said in a statement.
The reserves of commercial banks inched down 0.8 percent to $6.110 billion.
-
Rachel McAdams Becomes Object Of Jokes At Hollywood Star Of Fame Event -
South Korea's Ex-PM Han Duck-soo Jailed For 23 Years Over Martial Law Crises -
Global Markets On Edge Over Greenland Dispute: Is US Economic Leadership At Risk? -
King, Queen Visit Deadly Train Crash Site -
Oxford Research Warns ChatGPT Reflects Western Worldviews -
UK Inflation Unexpectedly Rises To 3.4% In December, The First Increase In Five Months -
Meghan Markle Set To Take Big Decision On Returning To UK For Invictus Games -
Prince Harry To Leave Britain One Day Earlier Than Expected For THIS Reason -
The Way You Consume Sugar Could Be Affecting Your Health -
Brooklyn Beckham Gets Backing From Vanessa Marcil Amid Feud With Parents -
OpenAI Uses AI To Detect Under 18 Users On ChatGPT -
Philippines To Lift Ban On Grok AI After Musk's Platform Commits To Fix Safety Concerns -
Trump Vows ‘no Going Back’ On Greenland Ahead Of Davos Visit -
Alexander Skarsgard Breaks Silence On Rumors He Is Bisexual -
King Charles Faces Rift With Prince William Over Prince Harry’s Invictus Games -
Elon Musk’s Critique On ChatGPT Safety Draws Sharp Response From Sam Altman