ISLAMABAD, Oct 14 (NNN-APP) – The State Bank of Pakistan (SBP), announced that, its foreign exchange reserves have decreased by 303 million U.S. dollars.
During the week ending on Oct 7, total foreign exchange reserves of the SBP fell to around 7.59 billion dollars, the SBP said in a statement, last night.
Net foreign reserves, held by commercial banks, came in at 5.64 billion dollars, the central bank said.
The total liquid foreign reserves of the South Asian country stood at 13.24 billion dollars, it added.
“This decrease was entirely attributed to external debt repayments, which included repayment of a commercial loan, and interest payment on Eurobonds,” according to the SBP.– NNN-APP
