Pakistan's foreign exchange reserves dropped by $261.6 million, totaling $16.19 billion, due to debt repayments.

Pakistan's foreign exchange reserves fell by $261.6 million last week to $16.19 billion, mainly due to external debt repayments. The State Bank of Pakistan's reserves dropped to $11.449 billion, while commercial banks saw a slight increase of $15 million in their reserves to $4.741 billion. The country faces significant debt payments, needing to meet $4.5 billion in obligations by July 2025.

2 months ago
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