Foreign reserves inch down

Foreign reserves inch down


KARACHI: Total liquid foreign reserves of Pakistan mark $17,545.5 million during the week ended April 13 down from $17,638 million, according to State Bank of Pakistan (SBP) said on Thursday.

The foreign reserves held by SBP decreased by $58 million to $11,379.6 million due to external debt servicing and other official payments.

The net foreign reserves holding by commercial banks also dipped to $6,159.9 million from $6,201.5 million the week earlier.

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