Pakistan’s forex reserves fall to $25.028 billion

Pakistan’s forex reserves fall to $25.028 billion

KARACHI: Pakistan’s foreign exchange reserves declined by $123 million to $25.028 billion by the week ended on December 10, 2021, the State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were $25.151 billion by the week ended December 03, 2021.

The official reserves of the State Bank came down by $90 million to $18.568 billion by the week ended December 10, 2021 as compared with $18.658 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks fell by $33 million to $6.46 billion by the week ended December 10, 2021 as compared with $6.493 billion a week ago.