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Economic Indicators

Pakistan’s reserves have fallen below 7 billion

12/08/2022

Less than a minute

2022.12.08 10:18

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Pakistan FX reserves held by central bank fall to $6.7 billion as of Dec 2
Pakistan’s reserves have fallen below 7 billion

Budrigannews.com – According to a statement released on Thursday, the central bank of Pakistan’s foreign exchange reserves decreased by $784 million to $6.7 billion on December 2.

The statement stated, “This decline is due to the payment of US $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments.”

It stated that inflows, primarily $500 million from the Asian Infrastructure Investment Bank, offset some debt repayments.