Pakistan Forex Reserves Fall by 220 Million Dollars
TEHRAN (ANA)- The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 220 million U.S. dollars.
During the week ending on Oct. 20, the total foreign exchange reserves of the bank fell to around 7.5 billion dollars, the SBP said in a statement.
The decrease occurred "on account of debt repayments," the statement said.
Net foreign reserves held by commercial banks came at 5.2 billion dollars, the central bank said.
Total liquid foreign reserves held by the South Asian country stood at about 12.7 billion dollars, according to the SBP.
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