Reserves fall

Published January 23, 2015

KARACHI: The country’s total liquid foreign exchange reserves decreased to $15.020 billion during the week ending January 16 compared to $15.060bn the previous week, the State Bank of Pakistan (SBP) said on Thursday.

The SBP reserves fell by $34m to reach $10.331bn from $10.365bn. The other banks’ holdings were $4.689bn as compared to $4.695bn.

During the week, the SBP made payments of $57m on account of external debt servicing and other official payments.

Published in Dawn, January 23rd, 2015

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