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Tag Archives: SBP reserves drop $173m

SBP reserves drop $173m


February 10, 2024

KARACHI: Foreign exchange reserves of the State Bank fell by $173 million during a week due to debt servicing payments, adding more uncertainty to an economy already passing through a difficult phase. The central bank reported on Friday that its foreign reserve holdings during the week that ended on Feb 2 dropped to $8.044 billion from $8.216bn a week ago. …

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