Pakistan's cenbank foreign reserves fall $923 mln to $3.68 bln -statement
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SATURDAY, APRIL 01, 2023
Pakistan's cenbank foreign reserves fall $923 mln to $3.68 bln -statement

South Asia

Reuters
26 January, 2023, 09:40 pm
Last modified: 26 January, 2023, 09:42 pm

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Pakistan's cenbank foreign reserves fall $923 mln to $3.68 bln -statement

Reuters
26 January, 2023, 09:40 pm
Last modified: 26 January, 2023, 09:42 pm
The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. REUTERS/Akhtar Soomro
The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. REUTERS/Akhtar Soomro

Pakistan central bank's foreign exchange reserves as of Thursday were down $923 million to $3.68 billion from the week ended 20 January, the bank said in a statement.

Total foreign reserves held by the state bank and commercial banks stood at $9.4 billion, the statement said.

The central bank reserves are around their lowest since 2014 and are barely enough to cover three weeks of imports.

Top News / World+Biz / Global Economy

Pakistan / Pakistan economy / Pakistan reserve

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