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Friday April 25, 2025

Forex reserves fall to $16.243 billion

By Our Correspondent
June 29, 2018

KARACHI: Pakistan’s foreign exchange reserves fell 3.30 percent to $16.243 billion during the week ended June 22, the central bank said on Thursday.

The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $602 million on weekly basis.

The SBP’s forex reserves were $9.662 billion. The forex reserves of commercial banks rose to $6.581 billion as compared to $6.533 billion in the preceding week.