Pakistan's foreign exchange reserves decreased by $54 million to $7.9 billion due to debt repayments, according to SBP.
Pakistan's foreign exchange reserves decreased by $54 million to $7.9 billion in the week ending March 1, according to the State Bank of Pakistan (SBP). The bank cited debt repayments as the reason for the decline. Total liquid foreign reserves held by the country stood at $13.02 billion, with net foreign reserves held by commercial banks at $5.12 billion.
March 07, 2024
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