Pak forex decrease by $303 mn to $ 13.24608 bn

Karachi

KARACHI:Total liquid foreign reserves of the country decrease by $ 303 million to $ 13.24608 billion, says State Bank of Pakistan.

SBP’s weekly statement issued here on Thursday said that on Oct. 07, the foreign reserves holding by State Bank amounted to $ 7,596.9 million.

The net foreign reserves with commercial banks were $ 5,649.9 million.

During the week ending on Oct. 07, 2022, SBP’s reserves decreased by $ 303 million to

$7,596.9 million.

This decrease was entirely attributed to external debt repayments, which included repayment of a commercial loan and interest payment on Eurobonds.

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