Central bank confirmed development, increase resulted from receipt of official Government of Pakistan’s inflows
SBP mentions debt repayments for decrease in reserves
Reach $7.2 billion on account of debt repayment
SBP data shows MNCs’ profit repatriation hits 17-month high at $163.7m in Sept 2023
SBP attributes decrease to external debt repayments
Pakistan’s total liquid foreign reserves stand at $8.726 billion
Saudi Arabia has agreed to retain its cash tranche of $3billion for another year
As of 27 July the reserves had fallen to $39.59b and the external debt of Bangladesh has risen to $44.2b
Drop comes on back of external debt repayments
SDR allocation from IMF lifts reserves to historic highs