Pakistan’s total foreign exchange reserves fell by $232 million during a week over repayment of foreign debts, State Bank of Pakistan (SBP) said on Thursday.
The total foreign exchange reserves of the country have fallen by $232 million to $13,257.2 billion by week ended January 18, 2019 as compared with $13.489.2 billion in the preceding week.
The official reserves of the SBP decreased by $256.1 million to $6,636.1 billion as against $6,901.2 billion.
The central bank said that the official reserves had fallen due to external debt servicing and other official payments.
The reserves held by commercial banks increased by $33.1 million to $6,621.1 billion as compared with $6,588 billion.