Pakistan’s forex reserves fall to $23.934 billion

Pakistan’s forex reserves fall to $23.934 billion

KARACHI: The liquid foreign exchange reserves of Pakistan have declined by $393 million on weekly basis, according to statistics released by the State Bank of Pakistan (SBP) on Thursday.

The foreign exchange reserves of the country declined to $23.934 billion by the week ended October 22, 2021, as compared with $24.327 billion a week ago.

The foreign exchange reserves of the State Bank fell by $345 million to $17.147 billion by the week ended October 22, 2021 as compared with $17.492 billion by the week ended October 15, 2021.

The foreign exchange reserves held by commercial banks have also come down by $48 million to $6.787 billion by the week ended October 22, 2021, as compared with $6.835 billion a week ago.

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