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Pakistan Central Bank Reserves Decrease For The First Time In Seven Weeks

admin-augaf by admin-augaf
March 30, 2023
in Business, Finance
Reading Time: 1 min read
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Pakistan Accord With 16 Foreign Countries in Final Stages To Give Boost To Declining Remittances
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Karachi March 30 2023: SBP foreign exchange reserves for the week ending Mar 24, 2023, were down by USD 354 million to USD 4,244 million as per data released by the Central Bank.

At present, SBP reserves stand at the level of USD 4,244 million as of 24th March 2023 compared to USD 4,599 million at the end of the week ending 17th March 2023.

During the same period, foreign exchange reserves held by commercial banks increased by USD 31 million to the level of USD 5,572 million as of 24th March 2023.

Overall reserves held by the country witnessed a decrease of USD 323 million to USD 9,816 million during the week ending 24th March 2023.

Tags: Reservs
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