SBP reserves dip $788m
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KARACHI: Reserves held by the State Bank of Pakistan (SBP) dropped by massive $788 million during the week ended on May 17 on account of debt servicing and other official payments.
The SBP reserves fell to $8.057 billion whereas holdings with the commercial banks reached $7.068bn.
Total liquid reserves of the country stood at $15.126bn during the period under review.
Published in Dawn, May 24th, 2019
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May 24, 2019 09:27am
So far 9 billion dollars have been given for debt repayment in last 10 months
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