Pakistan forex reserves fall 1.12 pct to $14.772 billion

ISLAMABAD: Pakistan’s foreign exchange reserves dropped to $14.772 billion in the week ending July 20, from $14.939 billion in the previous week, the central bank said on Thursday.

Pakistan’s reserves have been reduced by debt repayments in recent months, including for an $8 billion loan from the International Monetary Fund (IMF).

The next repayment to the IMF is due in August.

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