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Pakistan’s central bank forex reserves fall by 127 mln USD

ISLAMABAD, Jan. 18 (Xinhua) — The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 127 million U.S. dollars.

During the week ending on Jan. 12, the total foreign exchange reserves of the bank fell to around 8 billion dollars, the SBP said in a statement.

The decrease occurred “due to debt repayments,” the statement said.

Net foreign reserves held by co