ISLAMABAD: After receiving inflows of $500 million from the Asian Development Bank (ADB), the country’s total liquid foreign reserves stood at $15,577 million as on August 9, the State Bank of Pakistan (SBP) reported on Saturday.
As per details, the foreign reserves held by the State Bank of Pakistan stood at $8,264.4 million while the net foreign reserves held by commercial banks stood at $7,313.1 million.
During the week under review, SBP’s reserves increased by $535 million.
“The increase in SBP’s reserves is mainly due to the inflow of $500 million received from Asian Development Bank (ADB),” the SBP stated.
