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Home Karachi

Foreign exchange reserves increase by $27m to $15.604b

byCT Report
23/08/2019
in Karachi, Latest News
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KARACHI: The liquid foreign exchange reserves of the country have increased by $27 million to $15.604 billion by week ended August 17, 2019 as compared with $15.577 billion a week ago, State Bank of Pakistan (SBP) on Thursday.

The official reserves held by SBP fell by $26 million to $8.238 billion by week ended August 17, 2019 as compared with $8.264 billion week ago.

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The central bank said that its official reserves were declined due to external debt servicing and other official payments.

The foreign exchange reserves held by commercial banks have increased by $53 million to $7.366 billion from $7.313 billion.

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