Pakistan foreign exchange reserves suffer another significant blow
*KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves dipped by $470 million to $10.849 billion during the week that ended on April 8, data released by the central bank showed on Thursday.*
The total liquid foreign reserves held by the country, including net reserves of commercial banks, stood at $17.028 billion as of April 8.
Net foreign reserves of banks were recorded at $6.178 billion.
The SBP said said its reserved decreased due to external debt repayments.