Pakistan’s Forex reserves drop by $69 million in a week

ISLAMABAD: The State Bank of Pakistan (SBP) reported a $69 million drop in its foreign exchange reserves over the past week.

According to the central bank, its reserves now stand at $14.4566 billion. Meanwhile, commercial banks h

SBP Reports $69 Million Dip in Foreign Exchange Holdings
SBP Reports $69 Million Dip in Foreign Exchange Holdings

eld $5.469 billion in reserves. This brings Pakistan’s total foreign exchange reserves to $19.9175 billion.

The decline comes amid ongoing economic challenges, though the exact reasons for the decrease were not specified in the statement.

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