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Forex reserves drop to $22.498b

Forex reserves drop to $22.498b

KARACHI: The country’s total liquid foreign exchange reserves declined by $275 million during last week.

According to the State Bank of Pakistan’s (SBP) weekly report, total liquid foreign exchange reserves held by the country stood at $ 22.499 billion on November 26, 2021. During the week under review, the SBP’s reserves decreased by $ 244 million to $ 16.01 billion.

Forex reserves exceed $24bn mark on official inflows

Net forex reserves held by commercial banks stood at $6.488 billion, down $31 million in a week.