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Pakistan: State Bank Reserves declines by $ 788 million to $ 8.05 billion

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Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com
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The total liquid foreign reserves held by Pakistan stood at $15.126 billion on May 17.

State Bank of Pakistan (SBP) released the data shows that foreign reserves held by the State Bank of Pakistan $ 8.057 billion.

Whereas the net foreign reserves held by commercial banks   stood at $ 7.068 billion.

NBFI

Total liquid foreign reserves stood at $ 15.126 billion.

During the week ending May 17, SBP’s reserves declined by $788 million to $ 8.057 billion, due to external debt servicing and other official payments.

 

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