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Forex reserves down by 81 million Dollars

The total liquid foreign reserves held by the country stood at US$ 13,171.1 million as of 25-Aug-2023. The break-up of the foreign reserves position is as under:

i) Foreign reserves held by the State Bank of Pakistan: US$ 7,849.3 million
ii) Net foreign reserves held by commercial banks​: US$ 5,321.8 million
iii) Total liquid foreign reserves​​​ ​: US$ 13,171.1 million

During the week ended on 25-Aug-2023, SBP’s reserves decreased by US$ 81 million to US$ 7,849.3 million on account of debt repayments.

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