A decrease in sub-held foreign exchange reserves by $190m
Thursday 04 August 2022 A Mini Changir Counts V.S. Dollar notes at the currency exchange office on November 11, 2021 in Ankara, Turkey. — Reuters/File State Bank says the shortfall is due to external debt repayments. Net deposits held by banks are $5,823.3 million. Pakistan's import cover is less than 1.5 months. KARACHI: The domestic foreign exchange reserves held by the State Bank of Pakistan (SBP) continue to decrease weekly. According to data released by the State Bank of Pakistan (SBP) on Thursday, on July 29, foreign currency reserves held by the SBP were recorded at $8,385.4 million, up $190 million from $8,575.16 on July 22 . Dollars are low. According to the central bank, this decrease was due to external debt and other payments. The country's total liquid foreign currency reserves, including net reserves with banks other than the State Bank, stood at $14,208.7 million. Net deposits held by banks were $5,823.3 million. It should be noted that with the current position