Foreign exchange reserves increase to $17.58bn

KARACHI: The total liquid foreign exchange reserves of the country have increased to $17.58 billion by March 25, 2019, State Bank of Pakistan (SBP) said on Thursday.

The central bank received RMB 15 billion equivalent to US$2.2 billion on March 25 as proceeds of the loan obtained by the government of Pakistan from China.

Accordingly, foreign exchange reserves held by the SBP stood at US$10.67 billion and total foreign exchange reserves of the country stood at US$17.58 billion.

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