Pak central bank's forex reserves fall $179 mn

By IANS | Published: June 9, 2023 03:33 AM2023-06-09T03:33:02+5:302023-06-09T03:55:09+5:30

Islamabad, June 9 The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by ...

Pak central bank's forex reserves fall $179 mn | Pak central bank's forex reserves fall $179 mn

Pak central bank's forex reserves fall $179 mn

Islamabad, June 9 The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by $179 million.

During the week ending on June 2, the total foreign exchange reserves of the Pakistani central bank fell to around $3.9 billion, Xinhua news agency reported, citing a statement issued by the SBP on Thursday.

The decrease was "due to external debt repayments", the statement added.

Net foreign reserves held by commercial banks came at $5.4 billion, the central bank said.

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