KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20.38 billion on Dec 15, down $303.3 million or 1.46 per cent from a week ago, the State Bank of Pakistan (SBP) said on Thursday.

Reserves of the SBP decreased $334m to $14.33bn. The decrease in reserves is due to payments on account of external debt servicing and other official outflows.

Net foreign exchange reserves held by commercial banks amounted to over $6bn on Dec 15, up $30.8m or 0.51pc from the preceding week.

Published in Dawn, December 22nd, 2017

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