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Pakistan’s foreign exchange reserves reached 18.61 Billion Dollars

KARACHI: Pakistan’s foreign exchange reserves have further declined by 12.62 Crore Dollars.

According to a statement issued by the State Bank of Pakistan, Pakistan’s total foreign exchange reserves stood at 18.61 billion Dollars in the business week ended May 15.

According to the SBP, the SBP’s reserves declined by 14 Crore dollars to 12.12 billion, while the reserves of scheduled banks increased by 1.5 Crore dollars to 6.48  billion dollars.

According to the SBP, foreign exchange reserves declined during the week due to loan repayments of 15.61 crore dollars.

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