Pakistan’s forex reserves slide to $3.67bn
The foreign exchange reserves of Pakistan had decreased by 923 million US dollars last week, the State Bank of Pakistan (SBP) said in a statement on Thursday night.
During the week ending on Jan. 20, the total forex reserves of the Pakistani central bank fell to around $3.67 billion, the central bank said in a statement.
The decrease was "due to external debt repayments," reports Xinhua citing the statement.
Net foreign reserves held by the country's commercial banks came at 5.77 billion US dollars, it said.
Total liquid foreign reserves held by the South Asian economy stood at about $9.45 billion, according to the SBP.
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