Forex reserves drop to $22bn in a week

MG News | February 03, 2022 at 10:46 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 3, 2022 (MLN): The foreign exchange reserves held by the country dipped by $395.5 million or 1.75% WoW to stand at $22.08 billion during the week ended on January 28, 2022, compared to $22.48bn in the previous week, weekly data released by the State Bank of Pakistan (SBP) showed on Thursday.

As per the data, the reserves held by the central bank during the week decreased by $462mn or 2.85% WoW to $15.72bn due to external debt and other payments.

On the other hand, the reserves of commercial banks increased by $67mn or 1% WoW to $6.35bn from $6.29bn in the previous week.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,262.34 385.16M	4.23% 7241.13
ALLSHR	107,837.44 1,028.26M	3.85% 4001.05
KSE30	53,347.67 160.21M	4.70% 2395.68
KMI30	251,510.37 142.71M	4.52% 10876.50
KMIALLSHR	69,173.86 484.44M	3.91% 2601.11
BKTi	51,064.73 51.74M	4.91% 2391.50
OGTi	35,248.42 10.48M	4.59% 1546.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,670.00	66,075.00 63,875.00	1455.00 2.27%
BRENT CRUDE	90.43	93.60 87.55	-6.35 -6.56%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	83.83	86.20 82.12	-5.48 -6.14%
SUGAR #11 WORLD	14.60	14.75 14.54	-0.17 -1.15%