ISLAMABAD: According to data released by the central bank, the foreign exchange reserves held by the State Bank of Pakistan (SBP) as on June 30, 2025, were $14.51 billion.
In a brief update, the SBP said that its reserves were $9.39 billion as of June 30, 2024. This means that SBP’s reserves have increased by $5.12 billion to $14.51 billion during FY25.
The central bank said that the increase in reserves reflects a significant improvement in the country’s current account balance and planned disbursements during the year.
The State Bank usually releases the reserve position every Thursday, so a breakdown is likely to be released tomorrow. However, it is worth mentioning here that China had earlier this week lent Pakistan over $3.4 billion. The central bank likely received income from other sources as well, as its reserves stood at $9.06 billion last week (as of June 20, 2025).
LONDON: Pakistan's disappointing run in the FIH Pro Hockey League continued as the national team…
NEW YORK: After the first two rounds of the group stage of the FIFA World…
ISLAMABAD: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Deputy Commander-in-Chief of…
Pakistani television host and investigative journalist Iqrar Ul Hassan has once again become a trending…
Popular South Indian actress Samantha Ruth Prabhu is once again making headlines, but this time…
KARACHI: An important alert has been issued for the deserving women of the Benazir Income…