Foreign reserves down by $141m

The State Bank of Pakistan's (SBP) foreign exchange reserves decreased by $141 million to $12.129 billion during the last week.

During the week, the external debt repayments of $ 156.1 million were made by the SBP, which explain the fall in the FX reserves.

During the period under review, net foreign reserves held by commercial banks were $6.489 billion, while the total liquid foreign reserves held by the country stood at $ 18.618.3 billion on 15-May.