Liquid foreign exchange reserves reaches at $16.376b

KARACHI (APP): The total liquid foreign exchange reserves of Pakistan further reached at $16.376 billion, said State Bank of Pakistan.
According to data issued by the central bank on Friday total liquid foreign exchange reserves of the country further fell to $16,375.7 million in week ending on May 06, 2022 from $16,553.2 million that shows a decline of $ 177.5 million on week on week basis.
The net reserves held by State Bank of Pakistan amounted to $10,308.7 million while $6,067 million were held by other banks.
According to SBP data liquid foreign exchange reserves held by the central bank declined by $190.3 million while reserves held by other banks increased by $ 12.8 million on week on week basis.