Forex reserves decline $386 million

KARACHI: The liquid foreign exchange reserves of the country fell $386 million to $22.283 billion by the week ended March 11, 2022, the central bank reported on Thursday.

The foreign exchange reserves of the country were recorded at $22.669 billion during the week ended March 4, 2022, it said.

The official foreign exchange reserves of the State Bank of Pakistan fell $381 million to $15.831 billion by the week ended March 11, 2022, compared with $16.212 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks eased $5 million to $6.452 billion by the week ended March 11, 2022, compared with $6.457 billion a week ago.