Yet another blow to the Pakistani economy
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KARACHI: The country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline on a weekly basis.
On July 15, the foreign currency reserves held by the SBP were recorded at $9,328.6 million, down $389 million compared with $9,717.5 on July 7, data released by the State Bank of Pakistan (SBP) on Thursday showed.
According to the central bank, the decrease came due to external debt and other payments.
