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SBP Foreign Exchange Reserves Fall

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $15 million compared with $13,013 million in the previous week.

According to the data released by the central bank, net reserves held by the SBP stood at $12,998 million.

Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $20,106.5 million. Net reserves held by banks amounted to $7,108.1 million.

However, the central bank gave no reason for the decrease in reserves.

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $386 million in the previous week.