Karachi June 30 2022: Foreign exchange reserves held by the State Bank of Pakistan were increased by USD 2,071 million after proceeds of the Chinese Banks loan amounting to RMB 15 billion (roughly USD 2.3 billion), revealed on Thursday.
For the week ending Jun 24, 2022, Reserves held with SBP were increased by USD 2,071 million to USD 10.31 billion as per data released by the Central Bank.
At present, SBP reserves stand at the level of USD 10.31 billion as of 24th Jun 2022 compared to USD 8.23 billion at the end of the week ending 17th Jun 2022.
During the same period, foreign exchange reserves held by commercial banks decreased by USD 86 million to the level of USD 5.886 billion as of 24th Jun 2022.
Overall reserves held by the country witnessed a decrease of USD 1,985 million during the week ended 24th Jun 2022.
