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HomeBusinessState Bank’s Forex Reserves dip by $1.3 Billion amid Heavy Debt Payments

State Bank’s Forex Reserves dip by $1.3 Billion amid Heavy Debt Payments

KARACHI – Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) declined by $1. 305 billion during week ended June 19 as the country made heavy external debt repayments, underscoring the continued pressure of debt servicing on its external account despite expected inflows later this month. The decline pushed SBP’s foreign exchange reserves The post State Bank’s Forex Reserves dip by $1. 3 Billion amid Heavy Debt Payments appeared first on Daily Pakistan English News.

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