KARACHI: The foreign exchange reserves of the country fell by $67 million to $20.313 billion by week ended on December 18, 2020, State Bank of Pakistan (SBP) said on Thursday.
According to the central bank, the foreign exchange reserves of the country were at $20.380 billion by week ended on December 11, 2020.
The official reserves of the SBP fell by $83 million to $13.216 billion as compared with $13.299 billion a week ago. The central attributed the decline in the official reserves to external debt repayment during the week.
The foreign exchange reserves held by commercial banks increased by $16 million to $7.097 billion by week ended on December 18, 2020 as compared to $7.081 billion a week ago. – TLTP