KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $152 million to $11.097 billion due to external debt repayments during the week ended March 7, announced the central bank on Thursday.

The reserves declined despite SBP`s large-scale buying of dollars from the banking market, reflecting the pressure of external debt repayments.The country`s total liquid foreign reserves stood at $15.928bn, including $4.831bn held by commercial banks.-Staff Reporter