Forex reserves dip to $17.49b | Pakistan Today

Forex reserves dip to $17.49b

KARACHI – Pakistan’s foreign exchange reserves have slightly eased, down by 0.63 percent, during the week ending on March 19 following a record Rs 17.608 billion. Figures from the State Bank of Pakistan (SBP) reveal that, during the week under review, total liquid foreign reserves stood at $17.496 billion, down by $ 112 million against $17.608 billion last week that ended on March 12.
According to SBP, during the week in review, the central bank held $14.092 billion against a record $14.186 billion last week. Similarly, foreign exchange reserves of commercial banks also decreased Rs 17 million to stand at $1.404 billion against $3.421 billion in the previous week.

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