KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $13.23 billion on January 26, down 2.2 per cent from a week ago, according to an official statement on Thursday.
Reserves of the central bank decreased by $299 million on a weekly basis due to external debt servicing and other official payments, the statement added.
Total foreign exchange reserves were $19.35 billion on January 26, down 1.45 per cent on a weekly basis. Net foreign reserves held by commercial banks increased by almost $13 million to $6.12 billion over the same period.
Reserves of the SBP have decreased by $2.6 billion since the beginning of 2017-18.
