Forex reserves fall by $125m

KARACHI: The total liquid foreign exchange reserves held by the country declined by $125 million during last week. According to the State Bank of Pakistan (SBP) Pakistan's total liquid foreign exchange reserves stood at $ 27.106 billion at the end of the week ended September 3, 2021 compared to $27.227 billion a week earlier.

During the week under review, the SBP's reserves decreased by $123 million to $ 20.022 billion, due to external debt repayments. Reserves held by the banks fell slightly $2.1 million to $7.8 billion.

Copyright Business Recorder, 2021