Foreign exchange reserves held by the State Bank of Pakistan fell to $4.09 billion as the liquidity-challenged country considers quitting the stalled International Monetary Fund programme without completing it and entering a fresh bailout deal.
In a statement, the SBP said its reserves have fallen $102 million as of the week ended May 26 due to external debt repayments, and currently stand at $4.09 billion with an import cover of less than a month.
