Pakistan’s forex reserves fall by $592 million
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by $592 million.
During the week ending on January 27, the total forex reserves of the Pakistani central bank fell to around $3.08 billion, the SBP said in a statement on Thursday night.
The decrease was "due to external debt repayment," reports Xinhua citing the statement.
Net foreign reserves held by commercial banks came at $5.65 billion, the central bank said.
Total liquid foreign reserves held by the South Asian country stood at about $8.74 billion, according to the SBP.
.png)
