Pakistan’s foreign reserves witnessed a decline of $141 million after external debt repayments of $156.1 m were made by March 15, according to the State Bank of Pakistan (SBP).
The total liquid foreign reserves held by the country stood at $ 18,618.3 million on 15 May.
According to a break-up of the reserves provided by the SBP, the foreign reserves held by the State Bank stand at $12,129.3 million while commercial banks hold liquid foreign reserves of $6,489 million. It further said that during the week ending on 15 May, the SBP reserves decreased by $141 million to $12,129.3 million as external debt repayments of $156.1 million were made.