Country's foreign exchange reserves fall US$316bn
The official reserves of the SBP declined on account of external payment
KARACHI (Dunya News) – Pakistan’s foreign exchange reserves dropped to US$316 million during the week ended August 31 as against $16.685 billion in the preceding week, the central bank said on Thursday.
The official reserves of the central bank reduced by $341 million to $9.885 billion by week ended August 31 as against $10.226 billion in the preceding week.
The official reserves of the SBP declined on account of external payment.
The commercial banks have stock of foreign exchange at $6.484 billion as against $6.458 billion.
