Pakistan’s foreign exchange reserves increased after the State Bank of Pakistan (SBP) confirmed the receipt of $2 billion from Saudi Arabia.
“State Bank of Pakistan has received funds of US$2 billion from Ministry of Finance, Kingdom of Saudi Arabia in the value date of 15 April 2026,” the central bank said in a post on X on Thursday.
The development came as Prime Minister (PM) Shehbaz Sharif visited Saudi Arabia, where he held a meeting with Crown Prince Mohammed bin Salman in Jeddah.
According to the Prime Minister’s…
