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Foreign reserves decline by $137m

byCT Report
24/11/2017
in Business
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KARACHI: The total liquid foreign reserves held by the country stood at $19,710.7 million on November 17.

The weekly break-up of the foreign reserves position released on Thursday showed that foreign reserves held by the State Bank of Pakistan stood at $13,541.1 million and net foreign reserves held by commercial banks are $6,169.6 million. During the week ending 17th November, SBP’s reserves decreased by around $137 million to $13,541 million due to external debt and other official payments.

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