KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) fell by $493 million during the week ended on June 30.

The central bank made payments of external debts which once again pulled down its reserves to single digits at $9.816bn in the just-ended fiscal year.

The country’s overall foreign exchange holdings also fell to $15.742bn while the reserves of the commercial banks were $5.926bn.

Published in Dawn, July 8th, 2022