Business & Finance Print edition: 2023-09-29

Forex reserves down $25m

Published September 29, 2023 Updated September 29, 2023 06:24am

KARACHI: The country’s liquid foreign exchange reserves declined by $25 million to $13.162 billion at the end of last week.

During the week ended 22nd Sep-2023, the SBP’s reserves decreased by $ 59 million to $ 7.637 billion on account of debt repayments.

However, net forex reserves held by commercial banks increased by $34 million to $5.525 billion at the end of last week.

Copyright Business Recorder, 2023