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April 25, 2025

News Desk

Debt payments reduce reserves by $ 367 million

Listen to the article Karachi: Due to external debt payments, Pakistan’s state bank (SBP) of currency reserves decreased by $ 367 million during the week, reaching $ 10.21 billion from April 18, according to figures released on Thursday. The country’s total wet reserves amounted to $ 15.44 billion, with $ 5.23 billion held by commercial banks. “Earlier, on March 21, 2025, SBP had reported a $ 540 million reduction in,” Arif Habib Limited Sana Tawfiq’s research leader while speaking at Express Tribune. The Central Bank attributed the last decline to foreign debt payments, stating: “During the week ending April 18,

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