SBP’s forex reserves fall by $59m to $12.27 b

F.P. Report

ISLAMABAD: Total foreign exchange reserves held by State Bank of Pakistan (SBP) fell by $59 million to $12.27 billion during the week ending on May 08, 2020.

The total liquid foreign reserves held by the country stood at $ 18.744 billion on the corresponding date.

According to figures issued by the SBP on Thursday, net reserves held by commercial banks stood at $6.473 billion.