KARACHI: The liquid foreign exchange reserves of the country fell by $55 million to $19.904 billion by week ended September 18, 2020, State Bank of Pakistan (SBP) said on Thursday.
The foreign exchange reserves of the country were at $19.959 billion by week ended September 11, 2020.
The foreign exchange reserves held by the central bank declined by $118 million to $12.702 billion by week ended September 18, 2020 as compared with $12.82 billion a week ago.
The SBP attributed to decline in reserves to external debt repayment of the country.
However, the reserves held by commercial banks increased by $63 to $7.202 billion by week ended September 18, 2020 as compared with $7.139 billion a week ago.