Foreign exchange reserves of State Bank of Pakistan dropped by $387 million and stood at $7.612 billion on Thursday.
According to reports of Baaghitv, the foreign exchange reserves of State Bank of Pakistan dropped by 387 million dollars on Thursday and stood at $7.612 billion despite receiving $991 million, the first tranche of $6 billion deal, from IMF, on Thursday according to data released by State Bank of Pakistan (SBP).
Sources informed Baaghitv, the Country’s foreign exchange reserves went down by 389 million dollars while the Foreign exchange reserves of other banks are up by $2 million. The net total country reserves stood around $14.862 billion on Thursday including Foreign exchange reserves of other banks, which stood at $7.250 billion.
