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SBP foreign exchange reserves fall by $217.1mln

External payments caused the SBP's foreign exchange reserves to drop
Updated 24 Nov, 2023 04:39pm

The foreign exchange reserves of the State Bank of Pakistan dropped by $217 million.

The State Bank of Pakistan (SBP) reported that for the week ending November 17, external payments caused the SBP’s foreign exchange reserves to drop by $217 million to $7.18 billion.

The country’s commercial banks had $5.122 billion as of November 17.

SBP

State Bank Of pakistan

foreign exchange reserves

Foreign remittances