KARACHI: The State Bank of Pakistan (SBP) on Tuesday received $1.3 billion just a day after signing an agreement with the Asian Development Bank (ADB) in Islamabad. The $1.3bn inflow from the ADB pushed up central bank’s reserves to eight-month high at $10.41bn. Moreover, the country’s total reserves including central bank and commercial bank holdings also jumped to eight-month high …
Read More »$1.3bn ADB inflow takes reserves to eight-month high
December 11, 2019