Pakistan’s foreign exchange reserves have reached $4,07 billion after increasing by $533 million during the week ended on June 23, 2023, reported the 24NewsHD TV channel.
As per the data released by SBP on Monday, the net foreign reserves held by commercial banks stood at $5,270.9 million.
As such, the total liquid foreign reserves held by Pakistan reached $9,340.8 million as of June 23, 2023.
The increase in SBP reserves is mainly attributed to the realization of $300 million in proceeds from the GoP commercial loan.