KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $389 million during the week ended on July 15, ARY News reported on Thursday.
Sharing a break-up of the foreign reserves position, the central bank said that the reserves held by the State Bank of Pakistan stand at $9,328.6 million
“During the week ended on 15-Jul-2022, SBP’s reserves decreased by US$ 389 million to US$ 9,328.6 million mainly due to external debt repayments,” stated the SBP.
Read more: IMF REACHES STAFF-LEVEL AGREEMENT WITH PAKISTAN TO RELEASE US$1.17 BN
Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $15,241.5 million, the SBP said.
from Business News updates - Latest news stories on Economy from Pakistan https://ift.tt/IpasbG2
0 Comments