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Home Business

SBP’s Foreign Exchange Reserves Down $157m To $7.4b

by Web Desk
October 28, 2022
in Business, Finance
Reading Time: 1 min read
0
SBP's Foreign Exchange Reserves Down $157m To $7.4b
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According to data released by the State Bank of Pakistan, foreign exchange reserves of the central bank drop by $157 million during the week ended on October 21, 2022.

In a break-up reprt of the foreign reserves position, SBP said that the foreign currency reserves held by the central bank were recorded at $7.4 billion, down by $157 million compared to $7.6 on Sept 14.

“During the week ended on October 21, 2022, SBP’s reserves decreased by $157 million to $7,439.9 million due to external debt repayment,” said the SBP in a statement.

Total liquid foreign #reserves held by the country stood at US$ 13.16 billion as of October 21, 2022. For details: https://t.co/WpSgomnd3v pic.twitter.com/xxBEyjBjol

— SBP (@StateBank_Pak) October 28, 2022
Tags: foreign currencyforeign exchange reservesSBPState Bank of Pakistan
Web Desk

Web Desk

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