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Tag Archives: SBP reserves fall to almost 5-year low

SBP reserves fall to almost 5-year low


January 18, 2019

KARACHI: Reserves held by the State Bank of Pakistan (SBP) dropped by $148 million during the week ended on Jan 11 on account of debt servicing and other official payments. The SBP reserves fell to $6.9 billion — their lowest level since April 11, 2014 when they hit a trough of $4.984bn. The dollar stocks of central bank have breached …

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