Pakistani central bank forex reserves fall 59 mln USD-Xinhua

Pakistani central bank forex reserves fall 59 mln USD

Source: Xinhua| 2023-09-28 23:32:30|Editor: huaxia

ISLAMABAD, Sept. 28 (Xinhua) -- The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by 59 million U.S. dollars.

During the week ending on Sept. 22, total foreign exchange reserves of the bank fell to around 7.6 billion dollars, the SBP said in a statement on Thursday night.

The decrease occurred "on account of debt repayments," the statement said.

Net foreign reserves held by commercial banks came at 5.5 billion dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 13.1 billion dollars, according to the SBP.

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