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Reading: Foreign Exchange Reserves fall to $14.5bn
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PhotoNews Pakistan > Business > Foreign Exchange Reserves fall to $14.5bn
Business

Foreign Exchange Reserves fall to $14.5bn

Web Desk
By Web Desk Published July 18, 2014 1 Min Read
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The country’s foreign exchange reserves decreased to $14.513 billion for the week ending July 11, from $14.637bn the previous week, said State Bank of Pakistan (SBP) yesterday

The reserves held by the SBP stood at $9.486bn from $9.602bn the previous week, a decrease of $116 million.

During the week, the State Bank received $22m from multilateral and bilateral sources.

However, on account of external debt servicing and other payments, SBP made payments of $31m.

The holdings of the scheduled banks were $5.028bn.

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