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Forex reserves slightly down

Published Updated

SBPKARACHI: Foreign exchange reserves of the country dwindled by dollars 22 million to dollars 17.179 billion from dollars 17.380 billion the previous week, said State Bank of Pakistan (SBP) here on Thursday.

According to its weekly announcement, total liquid foreign reserves held by the country stood at $ 17,179.1 million on 23rd April.

The break-up of the foreign reserves position showed that foreign reserves held by the State Bank of Pakistan were dollars 13,675.4 million and net foreign reserves held by other banks were dollars 3,503.7 million.

Copyright APP (Associated Press of Pakistan), 2011

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