Pakistan foreign exchange reserves register further decline


ISLAMABAD – Pakistan's total liquid foreign reserves stand at US$17.067 billion after dropping by US$219 million, said the State Bank of Pakistan (SBP).

In a statement issued by the SBP on Thursday, the foreign reserves held by the State Bank on May 11, amounted $10,798.9 million and the net foreign reserves with commercial banks were $6,268.1 million.

During the week ending on May 11, SBP’s reserves decreased by $364 million to $10,799 million.

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