Foreign exchange reserves fall to $26.402 billion

Foreign exchange reserves fall to $26.402 billion

KARACHI: The liquid foreign exchange reserves of the country fell by $663 million during the week ended September 17, 2021.

The State Bank of Pakistan (SBP) on Thursday said that the foreign exchange reserves of the country fell to $26.402 billion by week ended September 17, 2021 as compared with $27.065 billion a week ago.

The official foreign exchange reserves of the SBP also fell by $480 million to $19.543 billion by week ended September 17, 2021 as compared with $20.023 billion a week ago.

The State Bank said that the decline in foreign exchange reserves were mainly due to external payments.

The foreign exchange reserves held by commercial bank came down by $183 million to $6.859 billion by week ended September 17, 2021 as compared with $7.042 billion a week ago.

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