SBP reserves decreased by $32.3m in a week

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By MG News | August 03, 2023 at 07:07 PM GMT+05:00

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August 03, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $32.3 million or 0.39% WoW to $8.15 billion during the week ended on July 27, 2023, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves decreased by $70.4m or 0.52% WoW to $13.46bn.

The reserves held by commercial banks fell by $38.1m or 0.71% WoW to $5.31bn.

Summary of Holding and Weekly Change

Foreign reserves held by July 27, 2023 July 21, 2023 Change % Change
State Bank of Pakistan 8153.8 8186.1 -32.30 -0.39%
Net Foreign Reserves Held by Banks 5309.9 5348 -38.1 -0.71%
Total Liquid Foreign Reserves 13463.7 13534.1 -70.4 -0.52%

Amount in USD Million

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