Pakistan’s foreign exchange reserves fall to $15.5 billion

Pakistan’s foreign exchange reserves fall to $15.5 billion

KARACHI: Pakistan’s liquid foreign exchange reserves fell by $16 million to $15.502 billion by week ended November 08, 2019 as compared with $15.518 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves held by State Bank increased by $40 million to $8.397 billion by week ended on November 08, 2019 as compared with $8.357 billion a week ago.

However, the reserves held by commercial banks fell by $56 million to $7.104 billion as compared with $7.16 billion a week ago.