Pakistan’s foreign exchange reserves dip to $23.226 bn

Pakistan’s foreign exchange reserves dip to $23.226 bn

KARACHI: The liquid foreign exchange reserves of Pakistan declined by $264 million to $23.226 billion by week ended February 18, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were $23.49 billion by week ended February 11, 2022.

The official reserves of the State Bank fell by $289 million to $16.807 billion by week ended February 18, 2022 as compared with $17.096 billion a week ago.

However, the foreign exchange reserves held by commercial banks increased by $25 million to $6.419 billion by week ended February 18, 2022 as compared with $6.394 billion a week ago.