Business Standard

Pakistan central bank says FX reserves have fallen by $754 mn to $8.57 bn

"During the week ended on 22-Jul-2022, SBP's reserves decreased by US$ 754 million to US$ 8,575.1 million due to external debt and other payments," the central bank said

Pakistan flag

Photo: ANI

Reuters ISLAMABAD
ISLAMABAD (Reuters) - Pakistan's central bank said on Thursday that its official liquid foreign exchange reserves have fallen by $754 million to $8.57 billion, marking another sharp drop in the country's fast depleting reserves.
"During the week ended on 22-Jul-2022, SBP's reserves decreased by US$ 754 million to US$ 8,575.1 million due to external debt and other payments," the central bank said in its weekly statement on reserves.
Net foreign reserves held by commercial banks stood at $5.8 billion, taking total liquid reserves to $14.4 billion.
 
(Reporting by Gibran Peshimam; Editing by Gareth Jones)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 28 2022 | 11:39 PM IST

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