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Views Article – Sharenet Wealth

Asia, Forex

Pakistan reserves decrease $38 mln to $7,729.1 mln week ending Aug 2

KARACHI, Pakistan, Aug 8 (Reuters) – Pakistan’s foreign exchange reserves decrease $38 million to $7,729.1 million in the week ending Aug 2, compared to $7,767.0 million in the previous week, the central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Aug 2 Held by the State $7,729.1 mln $7,767.0 mln -0.4 Bank of Pakistan Held by $7,291.1 mln $7,294.8 mln -0.5 commercial banks Total $15,020.2 mln $15,061.8 mln -0.2 During week ending August 2, State Bank of Pakistan’s reserves decreased by $38 million due to external debt servicing and other official payments, the central bank said on Thursday. (Reporting by Syed Raza Hassan)


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