The forex reserves plunged to $ 9.82bn after a decrease of $ 354m

The forex reserves plunged to $ 9.82bn after a decrease of $ 354m

Business

The forex reserves plunged to $ 9.82bn after a decrease of $ 354m

ISLAMABAD (Web Desk) - According to the State Bank of Pakistan, foreign exchange reserves have decreased by $ 354 million and currently stand at $ 9.82 billion.

According to the data released by the State Bank, on March 24, 2023, the volume of foreign exchange reserves with the State Bank was $ 4.24 billion, whereas, the foreign exchange reserves held by commercial banks were recorded at $ 5.57 billion.

 

During the last week, the foreign exchange reserves decreased by $ 354 million, after which the reserves dived to $ 9.82 billion.