Forex Reserves Of State Bank Of Pakistan Falls
Fahad Shabbir (@FahadShabbir) Published January 21, 2021 | 11:32 PM
The foreign exchange reserves held by the central bank declined on a weekly basis by around $380 million to $13.01 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday
ISLAMABAD, (UrduPoint / Pakistan Point News - 21st Jan, 2021 ):The foreign exchange reserves held by the central bank declined on a weekly basis by around $380 million to $13.01 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday.
On January 15, the foreign currency reserves held by the SBP were recorded at $13,013.
8 million, compared with $13,400 million in the previous week.
Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $20,120.3 million. Net reserves held by the commercial banks amounted to $7,106.5 million while by the end of preceding week, the net reserves of the country were $20,518 million
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