Pakistan’s forex reserves remain flat at $23.926 billion

KARACHI: The weekly foreign exchange reserves of Pakistan remained flat at $23.926 billion by the week ended October 29, 2021, the central bank reported.

The foreign exchange reserves of the country stood at $23.934 billion by the week ended October 22, 2021.

The official foreign exchange reserves of the State Bank of Pakistan (SBP) increased $53 million to $17.2 billion by the week ended October 29, 2021, compared with $17.147 billion a week ago.

However, the foreign exchange reserves held by the commercial banks fell $61 million to $6.726 billion by the week ended October 29, 2021, compared with $6.787 billion a week ago.