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.
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