Karachi: The foreign exchange reserves held by the State Bank of Pakistan were recorded at USD 12.43 billion from USD 12.273 billion the previous week after registering an increase of USD 157 million, a news source reported.
Overall, the liquid foreign currency reserves, including the
net reserves held by banks other than the SBP, stood at USD 18.735 billion. The
total reserves held by banks other than the SBP stood at USD 6.304 billion.
Nearly two months ago, SBP had successfully made a foreign debt repayment of more than USD 1 billion on the maturity of Sukuk. Around the same time, Pakistan’s foreign exchange reserves surpassed the USD 10 billion mark owing to inflows from multilateral lenders – including USD 1.3 billion from the Asian Development Bank (ADB).
