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Pakistani central bank's forex reserves fall by 327 mln USD

ISLAMABAD
2022-12-02 00:03

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ISLAMABAD, Dec. 1 (Xinhua) -- The State Bank of Pakistan (SBP) has announced that its foreign exchange reserves had decreased by 327 million U.S. dollars.

During the week ending on Nov. 25, the total foreign exchange reserves of the Pakistani central bank fell to around 7.49 billion U.S. dollars, the SBP said in a statement on Thursday evening.

The decrease was "due to external debt repayment," the statement said.

Net foreign reserves held by commercial banks came at 5.87 billion U.S. dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 13.37 billion U.S. dollars, according to the SBP.
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