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Pakistan's forex reserves up 14.4 mln USD

0 Comment(s)Print E-mail Xinhua, April 19, 2024
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ISLAMABAD, April 18 (Xinhua) -- The State Bank of Pakistan (SBP) said Thursday that its foreign exchange reserves had increased by 14.4 million U.S. dollars.

In the week ending on April 12, the total foreign exchange reserves of the bank moved to around 8.1 billion dollars, the SBP said in a statement.

"During the week, SBP has executed the repayment of 1 billion U.S. dollars maturing Pakistan's International Bond (principal plus interest)," it added.

Net foreign reserves held by commercial banks came at around 5.3 billion dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 13.4 billion dollars, according to the SBP. Enditem

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