Due to loan inflows, the country’s total liquid foreign exchange reserves increased by $ 400 million in the last week.
According to the State Bank of Pakistan’s (SBP) weekly report, the country’s total liquid foreign exchange reserves remained at $9.965 billion on April 14, 2023, up from $9.565 billion on April 7, 2023.
SBP-held forex reserves fall $170mn, now stand at $4.04bn
SBP’s reserves increased by $394 million to $4.433 billion during the week under review. The increase in SBP reserves is mostly attributable to the acceptance of a commercial loan of $300 million from the government of Pakistan.
Commercial banks’ net foreign reserves climbed by $6 million to $5.533 billion at the end of the previous week.
