The State Bank of Pakistan (SBP), said yesterday that, its foreign exchange reserves had decreased by 541 million U.S. dollars.
During the week ending on Jul 21, the total foreign exchange reserves of the Pakistani central bank fell to around 8.2 billion dollars, the SBP said in a statement.
The decrease was “due to external debt repayments,” it added.
Net foreign reserves held by commercial banks came at 5.3 billion dollars, the central bank said.
Total liquid foreign reserves held by the country stood at about 13.5 billion dollars, according to the SBP
Source: Nam News Network