Pakistan Foreign Exchange Reserves decline further

Pakistan Foreign Exchange Reserves decline further

KARACHI: Total liquid foreign reserves of the country stand at $14.639 billion, said State Bank of Pakistan (SBP).

SBP’s weekly statement issued here on Thursday said that on June 14, the foreign reserves held by tje State Bank amounted tp $ 7,604.5 million and the net foreign reserves with Commercial Banks were $ 7,034.6 million.

During the week ending June 14, SBP’s reserves decreased by $203 million to $7,604.5 million, due to external debt servicing and other official payments.