According to the State Bank of Pakistan (SBP) weekly report issued on Thursday, the total liquid foreign exchange reserves held by the country stood at $ 22.875 billion as of February 25, 2022 compared to $ 23.226 billion a week earlier, depicting a decline of $351 million.

During the week under review, SBP reserves decreased by $ 344 million to $ 16.462 billion down from $16.806 billion. Overall, during the last two weeks, Pakistan’s total liquid foreign exchange reserves fell sharply $633 million due to external payments.

During the week ended on Feb 25, 2022, net foreign reserves held by commercial banks stood at $ 6.413 billion, down $ 6.7 million.