Source: Business Recorder
BR Web Desk | April 17, 2025
Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $127 million on a weekly basis, clocking in at $10.57 billion as of April 11, data released on Thursday showed. Total liquid foreign reserves held by the country stood at $15.66 billion. Net foreign reserves held by commercial banks stood at $5.09 billion.
The central bank attributed debt repayments to the decrease in the reserves. “During the week ended on 11-Apr-2025, SBP reserves decreased by US$ 127 million to US$ 10,572.4 million due to external debt repayments,” it said. (Source: Business Recorder)