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Today's Paper | May 04, 2024

Updated 25 Mar, 2017 10:12am

Reserves drop to $22bn

KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $22 billion on March 17, down $223.8 million or one per cent from a week ago, the State Bank of Pakistan (SBP) said on Friday.

During the week, the SBP’s reserves decreased $278m to $16.96bn on account of external debt servicing.

Net foreign exchange reserves held by commercial banks amounted to $5bn on March 17, up 1pc from the preceding week.

Published in Dawn, March 25th, 2017

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