State Bank of Pakistan's forex reserves fall by $923 mn
Friday - January 27, 2023 2:45 pm ,
Category : WORLD
Islamabad, Jan 27 (IANS) The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by $923 million last week.During the week ending on January 20, the total foreign exchange reserves of the Pakistani central bank fell to around $3.67 billion, the central bank said in a statement on Thursday night.The decrease was "due to external debt repayments", Xinhua news agency quoted the statement as saying.Net foreign reserves held by commercial banks came at $5.77 billion, it said.Total liquid foreign reserves held by the South Asian country stood at about $9.45 billion, according to the SBP.
--IANS ksk/
--IANS ksk/
(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)
