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Pakistan’s forex reserves fall 217 mln USD

ISLAMABAD, Nov. 23 (Xinhua) — The State Bank of Pakistan (SBP) said on Thursday that its foreign exchange reserves had decreased 217 million U.S. dollars.

During the week ending on Nov. 17, total foreign exchange reserves of the bank fell to around 7.2 billion dollars, the SBP said in a statement.

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

Net foreign reserves held by commer