Pakistan's foreign reserves decline by $177 million

05:49 PM | 2 Mar, 2017
Pakistan's foreign reserves decline by $177 million
Share
KARACHI - The total liquid foreign reserves held by the country stood at $21,822.6 million on February 24, 2017 after decreasing by $177 million, a statement issued by the State Bank of Pakistan (SBP) said here on Thursday.

According the statement, foreign reserves held by SBP stood at $16,850.8 million and net foreign reserves held by commercial banks recorded at $4,971.8 million, while total liquid foreign reserves stood at $21,822.6 million.

During the week ending February 24, the SBP's reserves decreased by $177 million to $16,851 million, the statement further pointed out.