Pakistan’s Foreign Exchange Reserves increased by US$ 283.8 Million from last week as foreign Exchange reserves held by Pakistan reached US$ 23.6 Billion at end of week ended 04-Jun-2021
As per the data published by the State Bank of Pakistan (SBP), SBP received proceeds of Green Bond issued by WAPDA, amounting to $499.0 million. After adjusting for external repayments, SBP’s reserves increased by $281 million to $16.41 billion.
| Foreign reserves | 04-June-21 | 31-Dec-2020 | % Change |
| State Bank of Pakistan | 16,414.9 | 13,415.40 | 20.26% |
| Net Foreign Reserves Held by Banks | 7,163 | 7,096.10 | 0.91% |
| Total Liquid Foreign Reserves | 23,577.9 | 20,511.50 | 13.57% |
Pakistan last witnessed foreign exchange reserves in excess of $23 billion at the end of June-2016, as per the data from SBP.
The following two tabs change content below.
Latest posts by News Desk (see all)
- Oil Prices down amid Geo-Political Uncertainty - November 1, 2023
- Govt to borrow PKR8.5 trillion in Bond Auction till Jan-2024 - November 1, 2023
- Nishat Chunian Ltd: 1QFY24 profit rises 13 percent to PKR 500mn - October 31, 2023
