Pakistan’s forex reserves dip to $22.283 billion

Pakistan’s forex reserves dip to $22.283 billion

KARACHI: Pakistan’s liquid foreign exchange reserves fell by $386 million to $22.283 billion by week ended March 11, 2022 as compared with $22.669 billion a week ago i.e. March 04, 2022, State Bank of Pakistan (SBP) said on Thursday.

The official reserves of the State Bank fell by $381 million to $15.831 billion by week ended March 11, 2022 as compared with $16.212 billion a week ago.

The foreign exchange reserves held by commercial banks also eased by $5 million to $6.452 billion by week ended March 11, 2022 as compared with $6.457 billion a week ago.

READ MORE: SBP’s reserves slip by $250 million on foreign payments

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