Pak forex stand at $17.47609 bn

Karachi

KARACHI:Total liquid foreign reserves held by the country stand at $ 17.47609 billion, says State Bank of Pakistan in its weekly statement issued here on Thursday.

The statement said that on April 01, the foreign reserves held by SBP were $ 11,319.2 million.

The net foreign reserves held by commercial banks were $ 6,157.7 million.

During the week ending on 1st April, SBP reserves decreased by $ 728 million to $ 11,319.2 million, largely due to debt repayment and Government payment pertaining to settlement of an arbitration award related to a mining project.

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