Country’s foreign reserves fall to $14.99 billion
ISLAMABAD: The country’s total liquid foreign reserves stood at $14.99 billion after a decline of $1.1million during the week ending on Oct 4, ARY News reported on Thursday.
According to the State Bank of Pakistan, the central bank’s reserves saw an increase of $16 million to reach $7.75bn.
A breakup of the foreign reserves position is as follows:
Foreign reserves held by the State Bank of Pakistan — $7.75bn
Net foreign reserves held by commercial banks — $7.23bn
Total liquid foreign reserves — $14.99bn