SBP foreign reserves cross $16bn mark

SBP $16

ISLAMABAD: The foreign exchange reserves of the State Bank of Pakistan (SBP) surpassed the $16bn mark after floating the Eurobonds.

According to the details, SBP floated Eurobonds worth $2.5bn and received the proceeds which resulted in the increase in reserves.

The net foreign reserves held by the central bank stood at $7,152.2mn whereas the net reserves including commercial banks amounted to $20,679.4mn.

Earlier on 2nd April, the net reserves held by SBP stood at $13,527.2mn after the payment of external debts.


For news and blogs, visit