SBP reserves decreased by $32.3m in a week

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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