Pakistan Foreign Exchange Reserves hit yet another low

Pakistan Foreign Exchange Reserves hit yet another low
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KARACHI – Pakistan Foreign exchange reserves have hit yet another low after registering a decline of US $100 million.

Pakistan Foreign Exchange Reserves dropped by US$100 million to US$8.308 billion on Thursday.

Overall Pakistan’s foreign exchange reserves reached US$14.852 billion with reserves at other banks remaining unchanged at US$6.544 billion.

On September 13, Pakistan’s foreign exchange reserves had dropped by US$300 million.

As per the details, the country’s foreign exchange reserves stood around $16.070 billion, whereas, the central bank’s reserves declined $261 million to $9.624 billion.

The foreign exchange reserves held by other banks have also droped by $39 million to $6.446 billion.

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