Karachi: Foreign exchange reserves of Pakistan eased to $17.97 billion in the week ending August 6, from a record $18.31 billion the previous week.
Reserves held by the State Bank of Pakistan (SBP) fell to $14.46 billion from $14.78 billion a week ago, while those held by commercial banks also fell to $3.51 billion from $3.53 billion, said SBP chief spokesman Syed Wasimuddin.
“The decline in reserves during the week is due to scheduled debt repayments,” said Wasimuddin.
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