Foreign exchange reserves decline to $19.015 billion

KARACHI: The liquid foreign exchange reserves of the country have declined by $336 million to $19.015 billion by week ended October 09, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $19.351 billion by week ended October 02, 2020.

The official reserves of SBP fell by $357 million to $11.798 billion by week ended October 09, 2020 as against $7.196 billion a week ago.

The SBP attributed the decline in foreign exchange reserves to external debt repayment of $507 million during the week.

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