Islamabad, Jan 10: The foreign exchange reserves of the state bank of Pakistan experienced a minor decline in the latest weekly report, released by the central bank on Thursday.
As per the SBP Reserves Fall data for January 3, the reserves stood at $11.695 billion, reflecting a drop of $15 million compared to $11.710 billion on December 27. This marks the third consecutive weekly decline in the SBP’s foreign currency holdings.
On the broader scale, Pakistan’s total liquid foreign currency reserves, which include reserves held by commercial banks, amounted to $16.378 billion.
This total saw a decrease of $31 million from the previous week. Of the total SBP Reserves Fall , commercial banks held $4.683 billion, which was down by $16 million from $4.698 billion last week.
