State Bank of Pakistan received fifteen billion Renminbi, equivalent to 2.1 billion US dollars, in its accounts from China on Monday. 

Spokesperson, Finance Ministry Dr. Khaqan Najeeb in a tweet said that the transfer is due to successful multipronged strategy of the government of Pakistan to ensure stability in balance of payments position.

He said the government has also succeeded in curtailing current account deficit, improving remittances and ensuring adequate foreign exchange financing. Dr. Khaqan Najeeb said that foreign exchange reserves have now increased to comfortable level.

Deposit of RMB 15Bn equiv. to $2.1Bn received in #SBP A/C on Mar 25th 2019 from #China. Successful GoP multipronged strategy to ensure stability in #BOP including curtailing C/A, improving #remittances & ensuring adequate #FX financing. FX #reserves increase to comfortable level.

— Dr. Khaqan Hassan Najeeb (@KhaqanNajeeb) March 25, 2019