China loans expand SBP’s reserves by US$ 487 million.

The total liquid foreign reserves held by the country stood at US$ 9,754.0 million as of 03-Mar-2023. The break-up of the foreign reserves position is as under:

  • Foreign reserves held by the State Bank of Pakistan: US$ 4,301.0 million
  • Net foreign reserves held by commercial banks    : US$ 5,453.0 million
  • Total liquid foreign reserves                 : US$ 9,754.0 million

During the week ended on 03-Mar-2023, SBP’s reserves increased by US$ 487 million to US$ 4,301.0 million due to the receipt of US$ 500 million as a GoP commercial loan from China.

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