Pakistan's central bank foreign reserves drop 367 mln USD amid debt repayments


ISLAMABAD, April 24 (Xinhua) -- The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 367 million U.S. dollars.

During the week ending on April 18, total foreign exchange reserves of the bank fell to around 10.21 billion dollars, the central bank said in a statement on Thursday night.

The decrease occurred "due to external debt repayments," the statement said.

Net foreign reserves held by commercial banks came at 5.23 billion dollars, it added.

Total liquid foreign reserves held by the South Asian country stood at about 15.43 billion dollars, according to the SBP.

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