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Pakistan’s forex reserves ease to $24.853 billion

State Bank of Pakistan

Pakistan’s forex reserves ease to $24.853 billion

KARACHI: The liquid foreign exchange reserves of the country eased $23 million to $24.853 billion by the week ended July 30, 2021, the central bank reported on Thursday.

The foreign exchange reserves of the country stood at $24.876 billion by the week ended July 23, 2021.

The official foreign exchange reserves of the State Bank of Pakistan (SBP) increased $16 million to $17.846 billion by the week ended July 30, 2021, compared with $17.83 billion a week ago.

The foreign exchange reserves held by commercial banks declined $39 million to $7.007 billion by the week ended July 30, 2021 as against $7.046 billion by the week ended July 23, 2021.

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