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Reserves decline to $13.228 from $13.267, SBP-held reserves up by $7m

byCustoms Today Report
21/11/2014
in Uncategorized
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KARACHI: The State Bank of Pakistan (SBP) has reported that the country’s total liquid foreign exchange reserves has decreased to $13.228 billion during the week ending November 14 compared to $13.267 billion the previous week.

However, the reserves held by the SBP increased by $7 million to reach $8.494 billion from $8.487 billion. The forex holdings of other banks stood at $4.734 billion compared to $4.780 billion the previous week. No major inflow or outflow was recorded during the week.

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