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Forex reserves decline to $24.1b

byCT Report
04/11/2016
in Business
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KARACHI: The total liquid foreign reserves held by the country stood at $24,189.3 million on October 28, 2016.

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Foreign reserves held by the State Bank of Pakistan stood at $19,130.5 million while net foreign reserves held by commercial banks are $5,058.8 million.

During the week ending 28th October, country’s total reserves decreased by $138 million to $24,189 million. The decrease in reserves was due to external debt servicing and other official payments.

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