Sunday, January 19, 2020

Pakistan’s foreign exchange declines by $ 101.2 million to $14.79 billion

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Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Pakistan’s total foreign exchange reserves plunged by $101.2 million to $14.79 billion during a week, State Bank of Pakistan said on Thursday.

The official reserves of the SBP fell by $162.9 million to $8,205.9 million as compared with $8.205.9 million as of last week, by week ended February 15, 2019

Reserves held by commercial banks declined by $61.7 million to $6,751.6 million as compared with $6,689.9 billion preceding week.

Read also: Pakistan’s foreign exchange soars by $ 11.8 million to $14.89 billion

 

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

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