SBP reserves fall by $298m

KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) decreased by $298 million to $17.85 billion during the week ending on Dec 24, data released by the central bank showed on Thursday.

The central bank did not state the reason for the dip in its foreign exchange reserves.

The holdings of the commercial banks were $6.41bn. The country’s overall reserves totalled $24.27bn at the end of the week under review.

Published in Dawn, December 31st, 2021

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bhaRAT©

Dec 31, 2021 10:30am

This is after $3 billion deposit from Saudi. What will $1 billion from IMF do?

Recommend 0

yogi

Dec 31, 2021 02:46pm

DOOMED !!!!!!

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