Forex reserves dip to $13.4bn

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KARACHI: Pakistanís foreign exchange reserves declined by $75 million to $13.474 billion during the week ended February 1, according to the central bank on Thursday. The countryís reserves stood at $13.549 billion a week ago. Similarly, reserves of the State Bank of Pakistan (SBP) declined by $68 million to $8.586 billion from $8.654 billion last week.

The foreign exchange reserves held by commercial banks amounted to $4.887 billion against $4.894 billion last week, it added.

Courtesy: The News

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