KARACHI: The country’s foreign reserves decreased to $14.45 billion for the week ending July 18, from $14.513bn the previous week, said State Bank of Pakistan (SBP) on Thursday.

The foreign reserves held by the SBP stood at $9.398bn from $9.486bn the previous week, a decrease of $87 million.

SBP did not receive any significant inflows during the week; however, it has made payments of $69m on account of external debt servicing and other official payments.

The holdings of the scheduled banks were $5.051bn.

Published in Dawn, July 25th , 2014