Pakistan’s foreign exchange reserves fall to $24.27 billion

Pakistan’s foreign exchange reserves fall to $24.27 billion

KARACHI: Pakistan’s foreign exchange reserves declined by $360 million during a week ended on December 24, 2021, State Bank of Pakistan (SBP) said on Thursday.

The liquid foreign exchange reserves the country declined to $24.273 billion by week ended December 24, 2021 as compared with $24.633 billion a week ago.

The official foreign exchange reserves of the SBP reduced by $298 million to $17.855 billion by week ended December 24, 2021 when compared with $18.154 billion a week ago.

The foreign exchange reserves held by commercial banks also fell by $61 million to $6.418 billion by week ended December 24, 2021 as against $6.479 billion a week ago.

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