KARACHI: The country’s total foreign exchange reserves have declined by $93 million to $15943 million during the week ended on February 20.
According State Bank of Pakistan (SBP), foreign reserves held by the central bank were $11075 million with the decrease of $119 million as compared to $16036 million during previous week.
The decline occurred despite that the SBP had received $43 million from multilateral, bilateral and other sources. The net foreign reserves held by other bank were $4868 million as compared to $4842 million during the previous week.
The central bank made payments of $161 million on account of external debt servicing and other official payments during the week ended on February 20. This includes $136 million payment under Stand-By Arrangement (SBA) to International Monetary Fund (IMF).
