Pak forex amounts to $ 17.948 bn

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KARACHI: Total liquid foreign reserves of the country stand at $17.948 billion, says the State Bank of Pakistan (SBP).

According to a SBP’s weekly statement here on Thursday, the foreign reserves held by the State Bank on March 22 were dollars 11,776.1 million and the net foreign reserves with commercial banks amounted to dollars 6,172.3 million.

During the week ending March 22, SBP’s reserves decreased by $168 million to $11,776 million due to payments on account of external debt servicing.—APP