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Pakistan’s forex reserves slip to $24.27 billion

Pakistan’s forex reserves slip to $24.27 billion

Pakistan’s forex reserves slip to $24.27 billion
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KARACHI: The liquid foreign exchange reserves of Pakistan have slipped $360 million to $24.273 billion by the week ended December 24, 2021, the central bank reported on Thursday.

The foreign exchange reserves of the country stood at $24.633 billion by the week ended December 17, 2021.

The official foreign exchange reserves of the State Bank of Pakistan (SBP) fell $299 million to $17.855 million by the week ended December 24, 2021, compared with $18.154 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks fell $61 million to $6.418 billion by the period under review as against $6.479 billion a week ago.

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