Pakistan foreign exchange reserves suffer decline

Shares
Pakistan foreign exchange reserves suffer decline

KARACHI: Total liquid foreign reserves of the country stand at $14.82609 billion, said the State Bank of Pakistan (SBP).

SBP’s weekly statement issued on Thursday said that on June 3, the foreign reserves held by the State Bank amounted to $ 7,807.2 million and the net foreign reserves with Commercial Banks were $ 7,019.7 million.

During the week ending June 3, SBP’s reserves decreased by $55 million to $7,807.2 million, due to payments on account of external debt servicing.