Weekly foreign exchange reserves slip by $90 million

Weekly foreign exchange reserves slip by $90 million

KARACHI: Foreign exchange reserves position eased by $90 million to $20.073 billion by week ended February 04, 2021, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $20.163 billion by week ended January 29, 2021.

The official foreign exchange reserves of the central bank also fell by $82 million to $12.949 billion by week ended February 04, 2021 as compared with $13.031 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks witnessed decline by $8 million to $7.124 billion by week ended February 04, 2021 as compared with $7.132 billion a week ago.

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