Foreign exchange reserves fall to $27.1b

Author: Agencies

The total liquid foreign reserves held by the country fell by $125.1 million to $27.102 billion as on September 03, compared to the reserves of $27.227 billion in the previous week, State Bank of Pakistan (SBP) reported on Thursday.

According to the break-up figures, the foreign reserves held by the SBP stood at $20.022 billion whereas the net foreign reserves held by commercial banks stood at $7.08 billion.? During the week ending September 03, the SBP’s reserves decreased by $123 million to $20.022 billion from $20.145 billion in preceding week.

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