Pakistani Central Bank’s Forex Reserves Rose By 280 Million USD
ISLAMABAD, Mar 25 (NNN-APP) – The State Bank of Pakistan (SBP), said that, its foreign exchange reserves have increased by 280 million U.S. dollars.
During the week ending on Mar 17, the total foreign exchange reserves of the SBP rose to around 4.6 billion dollars, the SBP said in a statement.
Last week, “the SBP received 500 million dollars, as the government of Pakistan’s commercial loan disbursement,” the statement said, adding that, “after accounting for external debt repayments, the central bank’s reserves” had recorded this increase.