ISLAMABAD: The country’s liquid foreign exchange reserves have touched $20 billion mark first time.
Finance Minister Ishaq Dar, while addressing a press briefing, said that Pakistan’s foreign exchange reserves have reached to $20 billion, as $15.2 billion of State Bank of Pakistan and $4.83 billion of commercial banks.
The minister said that the country has received $500 million of Eurobond, $504 million from International Monetary Fund (IMF), $375 million from the US under Coalition Support Fund (CSF) $265 million from other sources, without naming. The current reserves worth of $20 billion would cover 4-5 months import bill of the country.