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| May 05, 2025
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SBP reserves up $9m
2025-05-03
KARACHI: Foreign exchange reserves of the State Bank slightly improved by $9 million to $10.214bn during the week ended on April 25.
The central bank awaits a second tranche of $1.1bn after IMF`s executive board meets on May 9.
Despite a war-like situation, the exchange rate remained normal. The dollar rose by nine paise to Rs281.06 from Rs280.97 on April 30.
The country`s total foreign exchange reserves were $15.251bn, including $5.037bn held by the commercial banks.-Staff Reporter