Foreign exchange reserves decline $1 billion in one month

KARACHI: Foreign exchange reserves dropped by $ 91 billion in one month.

Foreign exchange reserves continued to decline for the fourth consecutive week, falling $ 91 billion a month.

According to the State Bank, foreign exchange reserves have risen to $ 16 billion 98 million and the central bank's reserves have fallen by $ 2 billion 6 million.

State Bank said the banks' reserves have increased by $ 15 million, bringing their deposits to $ 6 billion 26 million.