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Central bank's forex reserves down by $196mn
ISLAMABAD: Foreign Exchange reserves held by State Bank of Pakistan (SBP) fell by US$ 219 million to US$8.805 billio
ISLAMABAD: Foreign Exchange reserves held by State Bank of Pakistan (SBP) fell by US$ 219 million to US$8.805 billion, a data released by the bank said on Thursday.
It said during the week ending April 26, the SBP’s reserves decreased due to external debt servicing and other official payments.
The net foreign reserves held by commercial banks stood at $6.937 billion as on April 26, while the net liquid foreign reserves held by the country stood at US$15.742 billion.
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