Foreign exchange reserves decline by $102 million

Foreign exchange reserves decline by $102 million

KARACHI: The foreign exchange reserves of the country have declined by $102 million for the week ended on July 09, 2021, State Bank of Pakistan (SBP) said on Thursday.

The country’s foreign exchange reserves fell to $24.311 billion by the week ended July 09, 2021 as compared with $24.415 billion by week ended July 02, 2021.

The foreign exchange reserves of the SBP came down by $26 million to $17.205 billion by week ended July 09, 2021 as compared with $17.231 billion a week ago.

The foreign exchange reserves held by commercial banks fell by $78 million to $7.106 billion by week ended July 09, 2021 as compared with $7.184 billion a week ago.