KARACHI: Pakistan foreign exchange reserves fell by $322 million to $7. 28 billion during the week ended on June 21 compared with $7,604.5 million in the previous week, State Bank reported.
Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $14,351.3 million. Net reserves held by banks amounted to $7,069.2 million.
Previously, the reserves had jumped on account of $2.5 billion in inflows from China.
In April last year, the SBP’s reserves increased $593 million due to official inflows.
A few months ago, the reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank.
