According to the State Bank of Pakistan, Pakistan’s total foreign exchange reserves have decreased by $71.6 million, totaling $19.95 billion.
Details show that the central bank revealed the decline in its most recent weekly report, citing a decline in dollar deposits held by commercial banks as the main cause of the total decline.
These deposits dropped to $5.43 billion, a decrease of $1.55 billion.
In contrast, the State Bank’s own dollar reserves increased to $14.52 billion, a $23.4 million rise.
Separately, the governor of the SBP stated a few days ago that the fiscal year 2025 inflation rate has dropped to its lowest point in nine years. He attributed economic stability and the removal of recessionary forces to stringent fiscal and monetary policy.
