Saudi Arabia deposits $2 billion in Pakistan’s central bank – Gulf Today
- Date: 12-Jul-2023
- Source: Gulftoday.ae site:gulftoday.ae
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Arabia deposits $2 billion in Pakistan’s central bank – Gulf Today
Ishaq Dar speaks during an interview. File
Pakistan's desperately low foreign exchange reserves were boosted on Tuesday with a $2 billion deposit from Saudi Arabia, ahead of a key IMF meeting this month to approve a new deal.
"Saudi Arabia had announced in the recent past that it would deposit an additional $2 billion dollars in the account of the State Bank of Pakistan -- that has been credited to the account of the State Bank," Pakistan's finance minister Ishaq Dar said in a televised press conference.
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