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$39m loss: Foreign reserves slip to $13.228b from $13.267, SBP keeps $8.494b

$39m loss: Foreign reserves slip to $13.228b from $13.267, SBP keeps $8.494b

KARACHI: The State Bank of Pakistan (SBP) has reported that the country’s total liquid foreign exchange reserves have decreased to $13.228 billion during the week ending November 14 compared to $13.267 billion the previous week.

However, the reserves held by the SBP increased by $7 million to reach $8.494 billion from $8.487 billion. The forex holdings of other banks stood at $4.734 billion compared to $4.780 billion the previous week. No major inflow or outflow was recorded during the week.