State Bank’s foreign exchange reserves fell to a 9-year low

State Bank's foreign exchange reserves fell to a 9-year low

File photo
File photo

Foreign exchange reserves of the State Bank of Pakistan fell to a nine-year low.

Foreign exchange reserves stood at $9.45 billion as of January 20, a decline of $990 million in the week ended January 20.

Reserves of State Bank decreased by 920 million dollars to 3.67 billion dollars.

Deposits of commercial banks decreased by $6.76 billion to $5.77 billion.

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State Bank's foreign exchange reserves fell to a 9-year low
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