KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have decreased by 1.9 per cent or $168 million to $8,628 million as compared to $8,796 million in the previous week.
According to the SBP, the central bank made payments of $295 million during the last week on account of external debt servicing and other official payments, including $56 million paid to the International Monetary Fund.
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Total liquid foreign reserves held by the country, including net foreign reserves held by banks other than the SBP, stood at $13,305 million while net foreign reserves held by banks declined by 1.1 percent to $4.677 billion during the week under review.
