ISLAMABAD, Feb 3 (NNN-APP) – The State Bank of Pakistan (SBP) said, its foreign exchange reserves had decreased by 592 million U.S. dollars.
During the week ending on Jan 27, the total foreign exchange reserves of the Pakistani central bank fell to around 3.08 billion U.S. 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 at 5.65 billion U.S. dollars, the central bank said.
Total liquid foreign reserves held by the country stood at about 8.74 billion U.S. dollars, according to the SBP.– NNN-APP
