KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves have strengthened following inflows from Eurobonds, bringing the total close to the level recorded on April 3, the highest since FY22. The SBP reported receiving $730 million from the Eurobond issuance, marking the country’s return to international debt markets after a prolonged absence. Pakistan had announced the launch of Eurobonds on April 20. The size was increased from an initial $500m to $750m through a greenshoe option amid strong investor demand.