Foreign Exchange Reserves deteriorate

Foreign Exchange Reserves deteriorate

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KARACHI: Foreign exchange reserves of the State Bank of Pakistan further deteriorate by $174 million to $11.6 billion, due to external debt servicing and other official payments.

As per the press release issued by the SBP on Thursday, the total reserves of the county glided to $17.79 billion during the week ended on March 30.

The holdings of scheduled banks on the same date were $6.19 billion.

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