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Reserves hit four-year low

Updated November 16, 2018

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Total liquid reserves of the country amounted to $13.832bn during the period under review.— AFP/File
Total liquid reserves of the country amounted to $13.832bn during the period under review.— AFP/File

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan dropped $196 million to four-and-half years low at $7.483 billion during the week ended on Nov 9, showed data released by central bank on Thursday.

Meanwhile, holdings of the commercial banks stood at $6.349bn whereas total liquid reserves of the country amounted to $13.832bn during the period under review.

Published in Dawn, November 16th, 2018

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