Pakistani central bank's forex reserves fall 179 mln USD

  • World
  • Friday, 09 Jun 2023

ISLAMABAD, June 8 (Xinhua) -- The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased by 179 million U.S. dollars.

During the week ending on June 2, the total foreign exchange reserves of the Pakistani central bank fell to around 3.9 billion dollars, the SBP said in a statement.

The decrease was "due to external debt repayments," the statement added.

Net foreign reserves held by commercial banks came at 5.4 billion dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 9.3 billion dollars, according to the SBP.

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