The central bank says the decrease happened due to "external debt repayment"
Karachi: The total foreign exchange reserves held by the State Bank of Pakistan's (SBP) fell by $366 million to $9.72 billion owing to external debt repayments.
Sharing the data, the SBP said the total liquid foreign reserves, till May 27, stood at $15,771.4 million.
The central bank added that the decrease occurred due to "external debt repayment".
The development comes as Pakistan has yet to reach a staff-level agreement with the International Monetary Fund (IMF), but the government is hopeful of striking a deal this month.
Total liquid foreign #reserves held by the country stood at US$ 15.77 billion as of May 27, 2022. For details: https://t.co/WpSgomnd3v pic.twitter.com/jBYUqPm0Xr
— SBP (@StateBank_Pak) June 2, 2022
Total liquid foreign exchange reserves held by the country stood at US$ 15.77 billion as of May 27, 2022.
Russia's largest attack on Ukraine's second-largest city, buildings destroyed
- 4 گھنٹے قبل
Two killed, four injured in Turbat explosion near vehicle
- 4 گھنٹے قبل
Iran responds to new US sanctions
- 3 گھنٹے قبل
Courageous struggle of Kashmiris will never be forgotten: Field Marshal Asim Munir
- 4 گھنٹے قبل
Over 14,000 injured in Turkiye during Eid-ul-Adha sacrifice
- 6 گھنٹے قبل
Upcoming budget: Govt planning on interest rate subsidy for 3, 5 marla houses
- 6 گھنٹے قبل
6.7 magnitude earthquake hits Chile, Bolivia, Argentina, and other countries
- 6 گھنٹے قبل
PM Shehbaz extends Eid greetings to Malaysian counterpart, Tajik President
- 4 گھنٹے قبل
Bangladesh announces date for general elections
- 4 گھنٹے قبل
Three die in Sukkur as rival groups clash over buffalo theft
- 2 گھنٹے قبل
Gaza under siege: Rising death toll and starvation threat loom
- 36 منٹ قبل
UK charges Iranian nationals with spying, plotting violence against journalists
- 2 گھنٹے قبل
