The State Bank of Pakistan’s foreign exchange reserves stood at $4.069 billion after increasing by $533 million during the week ending June 23, the central bank said.

“The total liquid foreign reserves held by the country stood at $ 9,340.8 million as of 23-Jun-2023,” the SBP said in a statement on Monday.

The break-up of the foreign reserves position is as under:

• Foreign reserves held by the SBP: $4,069.9 million
• Net foreign reserves held by commercial banks: $5,270.9 million
• Total liquid foreign reserves: $9,340.8 million

This was mainly attributed to realisation of $300 million proceeds of government commercial loan, it added.