Karachi: According to the data released by the State Bank of Pakistan, the foreign exchange reserves of Pakistan have gone down to $7.4 billion after a decline of $327 million. The data unveiled the stats up till November 25, 2022.
The SBP in their statement said that the decrease occurred due to the repayments of external debt. The statement added that the liquid foreign reserves of Pakistan are $13.38 billion and net foreign reserves (held by commercial banks) stood at $5.88 billion.
During the period from September to November, Pakistan received $500 million from Asian Infrastructure Investment Bank, $1.5 billion from Asian Development Bank and $1.166 billion from International Monetary Funds as a loan tranche.