400 million dollar increase in domestic foreign exchange reserves, State Bank


The State Bank of Pakistan (SBP) says that the country’s foreign exchange reserves have increased by 400 million dollars.

The central bank said that for the week ended April 14, after this increase, foreign exchange reserves stood at $9.96 billion.

Reserves of State Bank increased by 394 million dollars to 4 billion 43 million dollars.

The deposits of commercial banks increased by 6.2 million dollars to 5.32 billion dollars.

The central bank says that the State Bank’s reserves have increased by $300 million due to commercial borrowing.

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