SBP reserves decreased by $110.4m in a week

MG News | August 10, 2023 at 06:35 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 10, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $110.4 million or 1.35% WoW to $8.04 billion during the week ended on August 04, 2023, according to the data released by the central bank on Thursday.

The decrease in SBP reserves was due to debt repayments.

Similarly, the country's total reserves fell by $124.6m or 0.93% WoW to $13.34bn.

The reserves held by commercial banks decreased by $14.2m or 0.27% WoW to $5.3bn.

**Summary of Holding and Weekly Change**
Foreign reserves held by	August 04, 2023	July 27, 2023	Change	% Change
State Bank of Pakistan	8043.4	8153.8	-110.40	-1.35%
Net Foreign Reserves Held by Banks	5295.7	5309.9	-14.2	-0.27%
Total Liquid Foreign Reserves	13339.1	13463.7	-124.6	-0.93%

Amount in USD Million

Copyright Mettis Link News

Related News

SBP rejects claims linking Raast to money laundering

SBP reserves rise $19m to $17bn

Cabinet seals NBP's new Chief

Name	Price/Vol	%Chg/NChg
KSE100	168,865.04 260.90M	-1.79% -3078.56
ALLSHR	102,295.04 623.09M	-1.94% -2026.36
KSE30	50,247.11 77.47M	-1.81% -925.02
KMI30	239,393.54 89.42M	-2.13% -5220.44
KMIALLSHR	66,134.61 400.68M	-2.11% -1423.05
BKTi	47,147.62 27.12M	-1.68% -806.08
OGTi	34,242.17 7.09M	-2.08% -726.14

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,060.00	78,715.00 77,880.00	-310.00 -0.40%
BRENT CRUDE	101.92	102.72 100.19	0.71 0.70%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	2.10 1.64%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	0.15 0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	97.35	97.84 95.37	1.30 1.35%
SUGAR #11 WORLD	18.72	18.73 18.30	0.32 1.74%