ISLAMABAD, Nov. 16 (Xinhua) -- The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 115 million U.S. dollars. Dur
ISLAMABAD, Nov. 16 (Xinhua) — The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 115 million U.S. dollars.
During the week ending on Nov. 10, the total foreign exchange reserves of the bank fell to around 7.4 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 5.1 billion dollars, the central bank said.
Total liquid foreign reserves held by the South Asian country stood at about 12.5 billion dollars, according to the SBP. ■
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