Thursday, January 16, 2025
spot_img

Pak central bank’s forex reserves fall $179 mn

Date:

Share post:

spot_img
spot_img

Islamabad, June 9 : The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by $179 million.

During the week ending on June 2, the total foreign exchange reserves of the Pakistani central bank fell to around $3.9 billion, Xinhua news agency reported, citing a statement issued by the SBP on Thursday.

The decrease was “due to external debt repayments”, the statement added.

Net foreign reserves held by commercial banks came at $5.4 billion, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about $9.3 billion, according to the SBP. (IANS)

spot_img
spot_img

Related articles

M’laya grapples with high rates of childhood anaemia

SHILLONG, Jan 15: Meghalaya is grappling with a silent but severe health crisis—childhood anaemia. A recent study has...

Dorbar Shnongs, experts brainstorm on city’s waste management woes

SHILLONG, Jan 15: Members of 15 Dorbar Shnongs of Nongthymmai Pyllun put their heads together with experts and...

VPP chief greeted with black flags in Nongstoin poll rally

SHILLONG, Jan 15: VPP president Ardent Miller Basaiawmoit faced hostility during his address at an election rally in...