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Views Article – Sharenet Wealth

Asia, Forex

Pakistan reserves fall $26 mln to $8,238.7 mln week ending Aug 17

KARACHI, Pakistan, Aug 22 (Reuters) – Pakistan’s foreign exchange reserves decrease $26 million to $8,238.7 million in the week ending Aug 17, compared to $8,264.4 million in the previous week, the central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Aug 17 Held by the State $8,238.7 mln $8,264.4 mln -0.3 Bank of Pakistan Held by $7,366.0 mln $7,313.1 mln 0.7 commercial banks Total $15,604.7 mln $15,577.5 mln 0.1 During week ending August 17, State Bank of Pakistan’s reserves decrease by $26 million mainly due external debt servicing and other official payments, the central bank said on Thursday. (Reporting by Syed Raza Hassan)


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