SBP reserves decline by $32m

SBP reserves decline by $32m

Business

The commercial banks of the country hold $5,309.9 million

KARACHI (APP) - Foreign exchange reserves held by the State Bank of Pakistan dropped by $32 million to $8,153.8 million during the week ending on July 27 on account of debt repayments, the central bank said.

The total reserves of the country stood at $13,463.7 million including $5,309.9m held by commercial banks.