Foreign Exchange Reserves Dwindled Further

December 4, 2020Zayn0

Foreign exchange reserves became less, 31 million in total deposits during the week the dollar declined over.

Exchange resumed decline in deposits, bank the exterior during the last week of November loans the central bank to the repayment of foreign exchange 30 million to 46 million in deposits dollar declined and the volume of 13 billion 11 million to 9 million dollars left while the while the dollars to commercial banks 60 million dollars declined and the volume of 7 billion 13 million and 9 million dollars was causing the exchange to the total volume of deposits week 31 million 6 million dollar loss of 20 billion to 24 billion 18 million dollars left.

However, during the first five months of the new fiscal year, due to new external debt exchange, a total of 35 million to 56 million in deposits billion dollar increase has been recorded.

Extracted from City42 News

Zayn

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