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Pakistan’s foreign exchange reserves increase to $4.3b

Reserves rise after inflow from China
Reuters
Reuters

KARACHI: Pakistan’s central bank foreign exchange reserves on Thursday rose to $4,301 million, the state bank said in a statement.

“During the week ended on 03-Mar-2023, SBP’s reserves increased by US$487 million to US$4,301.0 million, due to receipt of US$500 million as GoP commercial loan from China,” it added.

The total liquid foreign reserves held by the country stood at $9,754 million as of March 3, 2023.

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