Pakistan’s foreign exchange reserves have reached $10.4031 billion, excluding the recently approved International Monetary Fund (IMF) loan tranche.
According to the State Bank of Pakistan (SBP), a significant increase was recorded in the official foreign exchange reserves during the past week.
However, the IMF disbursement will be reflected in the data to be released next week.
As per SBP data, foreign exchange reserves rose by $71 million during the week ending on May 9, taking the total to $10.4031 billion.
Furthermore, commercial banks currently hold reserves amounting to $5.2107 billion.
The total foreign exchange reserves, combining both SBP and commercial bank holdings, were recorded at $15.6131 billion as of May 9.