The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 72 million U.S. dollars.

During the week ending on May 12, the total foreign exchange reserves of the Pakistani central bank fell to around 4.3 billion dollars, the SBP said in a statement on Thursday night.

The decrease was “due to external debt repayment,” it added.

Net foreign reserves held by commercial banks came at 5.6 billion dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 9.9 billion dollars, according to the SBP.

Source: Xinhua Finance Agency