Pakistan’s foreign exchange reserves decrease by $125 million

KARACHI: The liquid foreign exchange reserves of the country fell by $125 million to $15.773 billion by week ended September 20, 2019, State Bank of Pakistan (SBP) said on Thursday.

The total foreign exchange reserves of the country a week ago were at $15.898 billion.

The foreign exchange reserves held by the SBP declined by $135 million to $8.465 billion by week ended September 20, 2019 as against $8.6 billion a week ago.

The SBP said that the reserves were declined due to external debt payments.

The reserves held by commercial banks, however, increased by $10 million to $7.307 billion as compared with $7.297 billion a week ago.

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