Pakistan’s forex reserves ease to $24.853 billion

Pakistan’s forex reserves ease to $24.853 billion

KARACHI: The foreign exchange reserves of Pakistan have eased by $23 million to $24.853 billion by the week ended July 30, 2021.

The foreign exchange reserves of the country were at $24.876 billion by the week ended July 23, 2021, State Bank of Pakistan (SBP) said on Thursday.

The official foreign exchange reserves of the SBP increased by $16 million to $17.846 billion by the week ended July 30, 2021 as compared with $17.83 billion a week ago.

The foreign exchange reserves held by commercial banks declined by $39 million to $7.007 billion by week ended July 30, 2021 as against $7.046 billion by week ended July 23, 2021.