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

Opinion

Editorial

18 May, 2022

SC on defections

THE judgement is monumental and will significantly influence Pakistani politics for years to come. After a nearly...
18 May, 2022

Karachi blast

THE frequency of urban terrorism incidents over the past few weeks in Karachi should send alarm bells ringing within...
18 May, 2022

Threats to Imran Khan

IT seems there is never a dull moment in Imran Khan’s life. First, it was a cabal of local and international...
Updated 17 May, 2022

Buyer’s remorse

It is strange to hear senior PML-N leaders lamenting the subsidies, yet not even coming up with a subsidy rationalisation plan.
17 May, 2022

Sikh traders’ killing

THE brutal murder of two Sikh traders in the outskirts of Peshawar on Sunday illustrates the vulnerability of...
17 May, 2022

Cholera outbreak

REPORTS of rising cases of cholera and acute watery diarrhoea in several areas are raising the spectre of a public...