SBP foreign exchange reserves fall to $18.6bn
On December 10, foreign currency reserves clocked in at $18,568.3 million, down by $90 million
December 16, 2021
KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves decreased by 0.48% on a weekly basis, data released by the central bank showed on Thursday.
On December 10, the foreign currency reserves held by the central bank were recorded at $18,568.3 million, down by $90 million compared with $18,658.2 million on December 3.
The central bank cited no reason for the nominal decrease in reserves.
Meanwhile, overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $25,027.8 million. Net reserves held by banks amounted to $6,459.5 million.
