Pakistan’s foreign exchange reserves drop to $12.65 b

The total liquid foreign reserves of Pakistan reached US$ 12.6560 billion while reserves held by the central bank stood at $7.49 billion. The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves decreased by $ 220 million to $7.49 billion. The total liquid foreign reserves of Pakistan dropped by $ 257 million to US$ 12.6560 Whereas, net foreign reserves held by commercial banks stood at $ 5.16 billion after a decrease of $37 million.