Yet another blow to the Pakistani economy

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2022-07-22T00:10:52+05:00 News Desk

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.

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