Karachi: The forex reserves held by Pakistan fell by another $132 million as of July 7, the State Bank of Pakistan (SBP) said in a report.
According to the data issued by the central bank, the total reserves held by the country fell from $15.74 billion on June 30 to $15.61 billion on July 7.
Total liquid foreign #reserves held by the country stood at US$ 15.61 billion as of July 07, 2022. For details: https://t.co/WpSgomENV3 pic.twitter.com/KWTXXOvRvC
— SBP (@StateBank_Pak) July 16, 2022
The data also shows that reserves held by the central bank witnessed a drop of $99 million from $9.8 billion to $9.7 billion during the same period.
Read: Depleting SBP reserves a ticking bomb | By Farrukh Saleem
Compared to this, the reserves held by commercial banks witnessed a $33 million drop from $5.926billion to $5.893 billion.
