Pakistan’s liquid foreign exchange reserves held declined by $264 million or 1.1% from previous week to stand at $23.2 billion at the end of February 18, 2022, the data released by the State Bank of Pakistan (SBP) shows.

The SBP data further shows that Foreign reserves held by the SBP has declined by $289mn or 1.7% to $16.8bn.

However, the reserves of commercial banks increased slightly by $25mn or 0.4% to $6.4bn from $6.39bn in the previous week.

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