Foreign exchange reserves slump to 14.9447bn

ISLAMABAD: Total liquid foreign reserves of the country has witnessed decrease of $153.8 million during the week ended on December 26, ARY News has learnt.

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According to details, the total amount of foreign exchange reserves hold by the country slumped to $14,944.7 million.

The weekly statement released by State Bank of Pakistan (SBP) revealed that foreign reserves held by State Bank on December 26 were  $10.304.9 million with the decrease of $59.7 million and the net foreign reserves held by other bank were $ 4,639.8 million.

During the week, SBP has also paid back loan tranche of $14 million to International Monetary Fund (IMF).

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Foreign exchange reserves slump to 14.9447bn

by Zohaib Kazmi