Pakistan’s foreign exchange reserves fall $776 million to $22.774 billion

KARACHI: Pakistan’s liquid international change reserves have declined $776 million to $22.774 billion by the week ended November 19, 2021, the central financial institution reported on Thursday.

The international change reserves of the nation stood at $23.55 billion by the week underneath overview.

The official international change reserves of the State Financial institution of Pakistan (SBP) slipped $691 million to $16.254 billion by the week ended November 19, 2021, in contrast with $16.945 billion per week in the past.

The SBP attributed the decline in its reserves to exterior debt repayments.

The international change reserves held by different business banks additionally got here down $85 million to $6.52 billion, in contrast with $6.605 billion per week in the past.

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