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Business & Finance Print edition: 2022-02-18

Forex reserves down $231m

Published Updated

KARACHI: The country’s total liquid foreign exchange reserves fell by $231 million during the last week.

According to the State Bank of Pakistan (SBP) weekly report issued on Thursday, the total liquid foreign exchange reserves held by the country stood at $ 23.490 billion as of February 11, 2022 compared to $23.721 billion.

During the last week, the SBP reserves decreased by $ 241 million to $ 17.096 billion down from $17.337 billion. Net forex reserves held by commercial banks stood at $ 6.394 billion, up by $10 million.

Copyright Business Recorder, 2022

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