Pakistan, March 28 -- Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $540 million on a weekly basis, clocking in at $10.61 billion as of March 21, data released on Thursday showed. Total liquid foreign reserves held by the country stood at $15.55 billion. Net foreign reserves held by commercial banks stood at $4.94 billion. This brings the SBP reserves to a six-month low, which the central bank attributed to external debt repayments. "During the week ended on 21-Mar-2025, SBP reserves decreased by US$ 540 million to US$ 10,606.8 million due to external debt repayments," it said. Last week, SBP foreign exchange reserves increased by $49 million. Earlier this week, the International Monetary Fund (IMF) said in...
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