KARACHI: Foreign exchange reserves of the State Bank slightly improved by $9 million to $10.214bn during the week ended on April 25.

The central bank awaits a second tranche of $1.1bn after IMF’s executive board meets on May 9.

Despite a war-like situation, the exchange rate remained normal. The dollar rose by nine paise to Rs281.06 from Rs280.97 on April 30.

The country’s total foreign exchange reserves were $15.251bn, including $5.037bn held by the commercial banks.

Published in Dawn, May 3rd, 2025