State Bank of Pakistan.
Islamabad: The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by $923 million last week.
During the week ending on January 20, the total foreign exchange reserves of the Pakistani central bank fell to around $3.67 billion, the central bank said in a statement on Thursday night.
The decrease was “due to external debt repayments”, Xinhua news agency quoted the statement as saying.
Net foreign reserves held by commercial banks came at $5.77 billion, it said.
Total liquid foreign reserves held by the South Asian country stood at about $9.45 billion, according to the SBP.
This post was last modified on January 27, 2023 2:52 pm