Published On 4/24/2026
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Last update: 17:22 (Mecca time)
Pakistan has completed the repayment of $3.45 billion in deposits to the United Arab Emirates, paying a final tranche worth $1 billion, the Central Bank of Pakistan announced on Friday.
This comes after the UAE asked Pakistan to return the money it deposited in the Central Bank of Pakistan in 2018 to boost its foreign exchange reserves.
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The Central Bank of Pakistan stated in a statement through its official account on the
The Central Bank of Pakistan said in a post on the X platform that the total liquid foreign reserves in the bank’s possession amounted to $20.63 billion as of April 17.
Saudi deposit
The statement comes days after Saudi Arabia announced, on April 16, that it would provide a new deposit to Pakistan worth $3 billion, in addition to extending the term of a previous deposit worth $5 billion, in a move aimed at supporting the economic stability of Islamabad, according to the Saudi Press Agency (SPA).
A few days ago, the Central Bank of Pakistan announced, in a statement, that it had received one billion dollars from the Saudi Ministry of Finance, with a maturity date of April 20.
This is the second tranche of a $3 billion deposit recently approved by Saudi Arabia, while the first tranche, amounting to two billion dollars, was received on April 15, 2026, according to the same statement.