Foreign exchange reserves down by $5.76m

Business

Foreign exchange reserves down by $5.76m

Close

26 November,2010 12:59 pm

Foreign exchange reserves of the country declined by $5.76million to reach $16.85 billion. According to a report of State Bank of Pakistan (SBP), the foreign exchange reserves witnessed decline in a week ended at Nov 19. The reserves of the SBP remained $13.10million after shedding $118million whereas the reserves of commercial banks decreased by $394 million to $3.76 million.