Pakistan’s total foreign exchange reserves jumped by $1.545 billion during a week over after receiving the payments from Saudi Arabia and United Arab Emirates, State Bank of Pakistan said on Thursday.
The total foreign exchange reserves of the country increased by $1.545 billion to $14.802 billion by week ended January 25, 2019 as compared with $13.257 billion in the preceding week.
The official reserves of the SBP rose by $1,518.2 million to $8.154 billion as against $6,636.1 billion last week.
SBP received inflows of US$1,000 million each from Saudi Arabia and UAE as placement of funds.
The reserves held by commercial banks increased by $27.1 million to $6,648.2 billion as compared with $6,621.1 billion last week.