KARACHI: The country’s total liquid foreign exchange reserves fell by $ 70 million during the last week. According to State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $ 13.464 billion as of Jul 27, 2023 compared to $ 13.534 billion as of July 21, 2023.

During the week under review, SBP’s reserves decreased by $ 32 million to $ 8.154 billion down from $ 8.186 billion on account of debt repayments. Net foreign reserves held by commercial banks declined by $ 38 million to $ 5.31 billion at the end of last week.

Copyright Business Recorder, 2023