KARACHI: The State Bank of Pakistan (SBP) has made external debt repayments and payments for the import of Covid-19 vaccine totaling $ 245 million during last week.
According to the SBP, after accounting for these payments and other official inflows, cumulatively, the SBP’s foreign exchange reserves decreased by $223 million to $17.623 billion during the week ended Aug 6, 2021 compared to $17.846 billion on July 30, 2021.
During the period under review, net foreign exchange reserves held by commercial banks slightly increased by $14 million to $ 7.021 billion.
The total liquid foreign exchange reserves held by the country stood at $ 24.644 billion on 06-Aug 2021 down from $24.853 billion a week earlier.
Copyright Business Recorder, 2021