KARACHI: The foreign reserves held by the State Bank of Pakistan increased by $490 million to $16,078 million during the week ended April 1 as compared to $15,588 million in the previous week.
According to the data issued by the central bank, the country’s total liquid foreign reserves stood at $20,884.9 million, while net foreign reserves held by banks are $4,806.8 million.
During the week, SBP received $978 million from multilateral, bilateral and other official sources, which include $503 million received from IMF under EFF and US$ 408 million as financing for government of Pakistan. During the week, SBP made payments of $602 million on account of external debt servicing, which includes repayment of $518 million against Pakistan Sovereign Bond.
