Foreign exchange reserves deplete by $169m to $17.228bn

KARACHI: Foreign exchange reserves of the country fell by $169 million to $17.228 billion by week ended April 05, 2019 as compared with $17.397 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

The reserves held by SBP declined by $226 million to $10.272 billion by week ended April 5, 2019 as compared with $10.492 billion a week ago. The SBP said that the official reserves of the central bank was declined due to external debt servicing and other official payment.

The reserves held by commercial banks, however, increased by $51 million to $6.956 billion from previous week’s level of $6.905 billion.

(Visited 52 times, 1 visits today)

Leave a Reply

You have to agree to the comment policy.