Pakistani Central Bank’s Forex Reserves Fell By 245 Million USD

Pakistani Central Bank’s Forex Reserves Fell By 245 Million USD

ISLAMABAD, Jan 6 (NNN-APP) – The State Bank of Pakistan (SBP) announced that, its foreign exchange reserves had decreased by 245 million U.S. dollars.

During the week ending Dec 30, the total foreign exchange reserves of the Pakistani central bank fell to around 5.57 billion dollars, the SBP said in a statement, last night.

The decrease was “due to external debt repayment,” the statement said.

Net foreign reserves, held by commercial banks, came to 5.84 billion dollars, the central bank said.

Total liquid foreign reserves held by the country, stood at about 11.42 billion dollars, according to the SBP.– NNN-APP  

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