According to data released on Thursday, the foreign exchange reserves held by State Bank of Pakistan decreased by $70 million to reach $7.779 billion in the week ending September 1. The State Bank of Pakistan (SBP) reported that the country’s overall liquid foreign reserves, which also include $5.347 billion held by commercial banks, amounted to $13.127 billion. The decline in the SBP’s foreign exchange reserves was attributed to debt repayments made during the week.

The following two tabs change content below.


Please enter your comment!
Please enter your name here