The State Bank of Pakistan’s (SBP) foreign exchange reserves slightly decreased by $6 million and are currently at $4.46 billion.
After payments were made up until April 28, the SBP’s foreign exchange reserves decreased by $6 million, bringing the total held by the central bank to $4.46 billion. Up to April, commercial banks’ reserves climbed by $250 million, bringing the total to $5.58 billion.
The nation’s total liquid foreign reserves have increased by $10.9 million to $10.04 billion.
After receiving an Rs300 million commercial loan from China, the State Bank of Pakistan (SBP) increased its foreign exchange holdings to $4.43 billion on April 20.
A $300 million commercial loan from China was received, while $384 million was added to the central bank’s reserves, according to the SBP spokesperson. The SBP’s overall reserves increased from $4.03 billion to $4.43 billion.
The rise of $6 million brought the reserves of the commercial banks to $5.53 billion. The nation’s total reserves increased by $400 million to $9.96 billion.