Karachi: The report issued by the State Bank of Pakistan states that the foreign exchange reserves have reached the lowest level of 9 years and three months.
According to the report issued by the State Bank, during the week ending on February 3, 170 million dollars of external debt was paid, after which the foreign exchange reserves reached the level of 2 billion 963 million dollars.
The report states that the reserves of private banks are about 5 billion 62 billion dollars while the total reserves of the country reached 8 billion 53 billion dollars.
According to the State Bank, as on December 6, 2013, SBP’s foreign exchange reserves were about $2.963 billion.
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