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Reserves fall by $358m

Updated June 16, 2017


KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20.1 billion on June 9, down $357.9 million or 1.74 per cent from a week ago, the State Bank of Pakistan (SBP) said on Thursday. Reserves of the SBP decreased $410m to $15.3bn.

Net foreign exchange reserves held by commercial banks amounted to $4.8bn on June 9, up 1pc from the preceding week.

Published in Dawn, June 16th, 2017