[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]According to data provided by the State Bank of Pakistan (SBP) on Thursday, the central bank’s foreign exchange reserves marginally grew on a weekly basis.
The SBP’s foreign exchange holdings were valued at $4.463 billion on April 20, up $30 million from the previous day’s figure of $4.433 billion.
The country’s total liquid foreign exchange reserves, which include net reserves held by banks other than the SBP, were at $10.024 billion, an increase of $59 million from the previous week. The net reserves maintained by banks were $5.562 billion, up $29 million over the course of the week.
Also Read: Tea worth Rs. 30 billion was imported into Pakistan in the first three months of 2023.
According to Arif Habib Limited, there are currently adequate reserves to cover imports for 0.98 months, or less than a month.[/vc_column_text][/vc_column][/vc_row]
