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Sunday October 24, 2021

Forex reserves fall to $26.402bln

September 24, 2021

KARACHI: Pakistan’s foreign exchange reserves declined to $26.402 billion in the week that ended September 17 from $27.064 billion, the State Bank of Pakistan (SBP) said on Thursday.

The foreign reserves held by the SBP decreased by $479 million to $19.543 billion, mainly due to external debt repayments, it said. The reserves of the commercial banks also fell to $6.859 billion from $7.042 billion.