Inside Financial Markets
Forex reserves fall to $20.073 Billion - Inside Financial Markets

Forex reserves fall to $20.073 Billion

– Associated Press of Pakistan

 Pakistan’s foreign exchange reserves fell to $20.073 billion during the week ended February 4 from $20.163 billion a week ago, the central bank reported on Thursday.

The forex reserves held by the State Bank of Pakistan (SBP) decreased $82 million to $12.949 billion, due to external debt repayments.

Similarly, the foreign exchange reserves of commercial banks also slightly dropped to $7.124 billion from $7.131 billion.

Syed Zaki Hussain

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)