State Bank of Pakistan's foreign exchange reserves increase by $14.4m to $8.054bn on 12th April, while total liquid reserves reach $13.37bn.
State Bank of Pakistan (SBP) reported a $14.4m increase in its foreign exchange reserves, reaching $8.054bn as of 12th April, despite repaying $1bn on Pakistan's International Bond. The total liquid foreign reserves amounted to $13.37bn, with commercial banks holding $5.32bn. The SBP's reserves increased by $14.4m during the week. Pakistan's economy is seeking a long-term IMF program to support its economic reforms.
April 18, 2024
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