Home > World > Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan

Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan

Pakistan Gets $ 2.2 Billion From China

Pakistan received an amount of RMB 15 billion in the account of China’s loan resources, equivalent to $ 2.2 billion, confirmed a statement by the state bank of Pakistan.

Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan

Pakistan Gets $ 2.2 Billion From China
Pakistan Gets $ 2.2 Billion From China

With the entry of this amount, the country’s foreign exchange reserves rose to $ 17.9 billion.

Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan
Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan

 

Last week, the country’s foreign exchange reserves increased to $ 15.7 billion after receiving $ 1 billion in UAE cash cash support.

According to SBP data, the total liquid reserve held by the central bank has risen to over $ 10 billion. Commercial banks also maintained foreign exchange reserves of $ 6.870 million.

Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan
Pakistan Gets $ 2.2 Billion From China :State Bank of Pakistan

It is likely that Pakistan will soon receive a $ 1 billion tranche from the Abu Dhabi Development Fund in the deposit account.

Like this story? Subscribe to Todayaffair Make It on YouTube!

Don’t Miss: KP Will Send Tourism Police to Thailand for Training

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: