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SBP reserves fall

By Our Staff Reporter 2020-05-22
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $141 million to $12.129bn during the week ended on May 15.

The central bank reported on Thursdaythat its forex holdings fell due to external debt repayments of $156m during the week.

However, the country`s overall liquid foreign exchange reserves stood at $18.618bn.

Commercial banks` forex reserves totalled at $6.489bn during the week.