Pakistan's forex reserves fall by 136 mln USD-Xinhua

Pakistan's forex reserves fall by 136 mln USD

Source: Xinhua

Editor: huaxia

2023-12-22 09:04:15

A currency changer counts U.S. dollar notes in Rawalpindi, Pakistan, on July 29, 2022. (Xinhua/Ahmad Kamal)

ISLAMABAD, Dec. 22 (Xinhua) -- The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 136 million U.S. dollars.

During the week ending on Dec. 15, the total foreign exchange reserves of the bank fell to around 6.9 billion dollars, the SBP said in a statement on Thursday night.

The decrease occurred "due to debt repayments," the statement said.

Net foreign reserves held by commercial banks came at 5.2 billion dollars, it added.

Total liquid foreign reserves held by the South Asian country stood at about 12.1 billion dollars, according to the SBP.

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