KARACHI: An inflow of $1.39 billion from the International Monetary Fund took the State Bank of Pakistan (SBP) reserves to $12.07bn during the week ended on April 24.
According to the SBP data published on Thursday, the central bank reserves were at a two-month high after an increase of $1.16bn. During the same period, $234 million was paid in external debt payments.
Reserves held by the SBP stood at $12.75bn in February, before falling to $10.8bn in March and now again recovering to Rs12.07bn as of April 24. Net foreign holdings of the banks were $6.392bn while total liquid reserves of the country stood at $18.463bn.
