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Pakistan’s foreign investment drops 82 percent in July-March 19
Pakistan’s foreign investment drops 82 percent in July-March 19

Pakistan’s forex reserves drop by $220 million

KARACHI: Pakistan’s forex reserves dropped by $220 million during the week ending 5 April 2019, central bank said Thursday.

 

 

 

According to details released by the State Bank of Pakistan today, the SBP’s liquid foreign exchange reserves decreased by $220 million to $10.271 billion due to external debt servicing and other official payments.

After Pakistan’s forex reserves dropped by $220 million, the total liquid foreign reserves held by the country stood at $17.22 billion on 05 April 2019, it included $10.27 billion held by the State Bank of Pakistan and $6.95 billion net foreign reserves held by commercial banks in the country.

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