Foreign exchange reserves slump to 14.9447bn
- By Zohaib Kazmi -
- Jan 02, 2015
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).