web analytics
32.9 C
Karachi
Tuesday, November 5, 2024
- Advertisement -

Pakistan’s foreign exchange reserves rise to $17.97 bn: SBP

TOP NEWS

Web Desk
Web Desk
News Stories Posted by ARY News Digital Team

KARACHI: State Bank of Pakistan on Thursday released the details of country’s current finances till June 26, ARY News reported.

The premier bank got a total of $2.4 billion dollars in loans and donations which included World Bank’s 730.70 million dollars.

Read More: FBR chief hopeful Centre, Sindh will settle tax dispute in a day or two

The Asian Development Bank gave a total of $500.3 million dollars, while Asian Infrastructure Investment Bank $500 million dollars.

China paid an additional $300 million dollars, read a weekly report released by State Bank.

Read More: Pak rupee jumps by Rs1.45 against US dollar in interbank

The country’s loans worth $800.9 million dollars were paid till June 26 whereas the country’s apex bank reserve rose to $1.27 billion.

The current SBP reserves stand at $11.23 billion while commercial banks saw a dip in their reserves by $280 million.

Read More: Domestic gold price scales new peak of Rs105,200/tola

Pakistan’s foreign exchange reserves currently amount to 17.97 billion dollars with an addition of $1.24 billion.

An additional 1 billion dollar loan given to Pakistan by China in the ongoing week is yet to be added in the statistics released and will be added in the next weeks SBP report.

- Advertisement -
- Advertisement -
 

Trending

POLL

With inflation coming down, is Pakistan's economy on the path to full recovery?

- Advertisement -
 

MORE STORIES