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Foreign exchange reserves decline to $9.71305bn

KARACHI: Foreign Exchange Reserves of the country decreased to $9.71305 billion due to external debt servicing of $ 142 million including $ 109 million payment to International Monetary Fund ( IMF) on account of SBA and other official payments, ARY News reported.

According to State Bank of Pakistan (SBP), the foreign reserves held by State Bank on April 4, amounted $ 4.94302 billion and the net foreign reserves held by banks figured $ 4.77003 billion.

SBP's weekly statement revealed on Thursday, country's liquid foreign reserves decreased by $ 229 million to $ 4,943 million compared to $ 5,172 million in the previous week. 

 

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