Country's foreign exchange reserves fall US$245m

Country's foreign exchange reserves fall US$245m
Updated on

Summary Foreign exchange reserves held by other banks have increased US$41 million

KARACHI (Web Desk) – The State Bank of Pakistan  s (SBP) foreign exchange reserves fell drastically some 245 million dollars.

As per the details, the country’s foreign exchange reserves stood around US$16.406 billion, whereas, the central bank’s reserves declined US$287 million to US$10.033 billion.

Foreign exchange reserves held by other banks have increased US$41 million to US$6.373 billion, while since the start of current fiscal year SBP reserves declined by $6.110 billion.

 

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