KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 63 million during last week due to external debt repayment.

According to weekly report issued Thursday, during the week ended April 16, 2021, SBP’s foreign exchange reserves declined to $16.044 billion compared to $16.107 billion a week earlier.

The total liquid foreign exchange reserves held by the country stood at $ 23.213 billion including $7.169 billion of net foreign exchange reserves held by commercial banks.

Copyright Business Recorder, 2021