KARACHI, July 8(ABC): Foreign exchange reserves held with the State Bank of Pakistan dipped below the $10 billion level at the end of the last week, despite the fact that Pakistan received a generous injection of $2.3 billion from Chinese commercial banks late last month.
This was revealed in fresh data released by the State Bank of Pakistan (SBP) on Thursday showed that the reserves with the central bank in the week ending June 30, stood at $9.82 billion.
At the same time, reserves with commercial banks stood at $5.93 billion.
This meant that the country’s total reserves were $15.74 billion.