Business
The state owned reserves plunge to $4.457bn
KARACHI (Dunya News) – foreign exchange reserves of Pakistan took a dip of $6M in the previous week.
State Bank of Pakistan (SBP) has released statistics of previous week which record a decline of $6M in national forex reserves. The state owned reserves reached to $4.457bn.
Total liquid foreign #reserves held by the country stood at US$ 10.04 billion as of April 28, 2023.
For details https://t.co/WpSgomnd3v pic.twitter.com/mofKOevvlZ
— SBP (@StateBank_Pak) May 4, 2023
According to SBP, cumulatively the forex reserves stood at $10.432bn however this includes $5.586bn owned by commercial banks.
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