KARACHI: Pakistan’s total liquid foreign exchange reserves amounted to $20.51 billion on June 2, down $1.25bn or 5.76 per cent from a week ago, the State Bank of Pakistan (SBP) said on Thursday.

Reserves of the SBP decreased $1.21bn to $15.7bn during the week. The SBP made payments of $1.24bn on account of external debt servicing, which included principal repayment of $750 million against the Pakistan Sovereign Bond.

Net foreign exchange reserves held by commercial banks amounted to $4.8bn on June 2, down 0.81pc from the preceding week.

Published in Dawn, June 9th, 2017