Forex reserves slightly fall

Foreign exchange reserves of the country fell $98 million to $20.423 billion

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Foreign exchange reserves of the country fell $98 million to $20.423 billion by week ended March 25 as compared with $20.521 billion in the preceding week, the State Bank of Pakistan (SBP) reported on Thursday.

Foreign exchange reserves maintained by the State Bank of Pakistan have decreased by $42 million to $15.588 billion as compared to the preceding week’s level of $15.63 billion.

The reserves held by commercial banks declined by $56 million to $4.835 billion as against $4.891 billion.

Source

Comparison of foreign reserves in US million $.

 

Pakistan 20b

Bangladesh 28b

Nigeria 28b

Vietnam 34b

Philippines 81b

Israel 90b

Malaysia 95b

Turkey 127b

Indonesia 145b

Thailand 168b

Singapore 343b

India 360b