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Pak central bank's forex reserves fall $179 mn

By IANS | Published: June 09, 2023 3:33 AM

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

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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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: State BankpakistanislamabadXinhuaState Bank Of IndiaPakistan Cricket BoardPakistani ArmyChina Pakistan Economic CorridorPakistan ArmyPakistan Super LeaguePakistan Occupied Kashmir
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