KARACHI: Foreign exchange reserves of the State Bank of Pakistan fell by $176 million to $8.624 billion during the week ended on Sept 9.

The SBP reported that the country`s total reserves were at $14.317bn while the holdings of the commercial banl(s were $5.693bn during the week.

The reserves of the SBP have been on the decline despite inflows of IMF`s tranche of $1.16bn.