KARACHI: Pakistan s foreign exchange reserves increase by $2,071 million to $16,195.6 million in the week ending June 24 after proceeds of the Chinese loan amounting to $2.3 billion were received, the central bank said on Thursday.
The break-up of the foreign reserves position is as under:-
i) Foreign reserves held by the State Bank of Pakistan: US$ 10,309.0 million
ii) Net foreign reserves held by commercial banks : US$ 5,886.6 million
iii) Total liquid foreign reserves : US$16,195.6 million
During the week ended on 24-Jun-2022, SBP received proceeds of CDB loan amounting to RMB 15 billion. After accounting for external debt repayment, SBP’s reserves increased by US$ 2,071 million to US$ 10,309.0 million.
