Foreign exchange reserves down by $436mn

KARACHI: Foreign exchange reserves lowered by $436 million for the week ended on December 20, ARY News reported on Thursday.

The total liquid foreign reserves held by the country stood at $8.0902 billion for the week under review as compare to $8.5263 billion on last week.

State Bank of Pakistan (SBP) held $3.1929 billion out of total foreign reserves while $4.8973 billion reserves were held by other banks.

Reserves of SBP declined by $278 million while decrease of $161 million for other banks.


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Foreign exchange reserves down by $436mn

by Zohaib Kazmi