KARACHI: The State Bank of Pakistan (SBP) received $2 billion from Saudi Arabia on Thursday, following a massive outflow against the maturity of a Eurobond last week.

The central bank announced on X that it has received $2bn in funds from the Ministry of Finance of the Kingdom of Saudi Arabia on the value date of April 15, 2026.

The Saudi government had committed an additional $3bn in deposits to Pakistan and extended its existing $5bn facility for three years, providing a major boost to the country’s external financing position.

Separately, the SBP reported that its foreign exchange reserves recorded a massive outflow of $1.321bn, bringing the total to $15.079bn for the week ended April 10.

The outflow was due to the repayment of $1.426bn against the Eurobond, which matured on April 8.

During the week under review, the country’s total reserves fell to $20.524bn, while the commercial banks’ holdings stood at $5.445bn.

Published in Dawn, April 17th, 2026