SBP reserves diminished by $124.8m in a week

News Image

MG News | August 24, 2023 at 06:44 PM GMT+05:00

Join our Whatsapp channel
0:00

August 24, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) diminished by $124.8 million or 1.55% WoW to $7.93 billion during the week ended on August 18, 2023, according to the data released by the central bank on Thursday.

The decline was due to debt repayments.

Similarly, the country's total reserves diminished by $130.6m or 0.98% WoW to $13.25bn.

The reserves held by commercial banks fell by $5.8m or 0.11% WoW to $5.32bn.

Summary of Holding and Weekly Change
Foreign reserves held by August 18, 2023 August 11, 2023 Change % Change
State Bank of Pakistan 7930.5 8055.3 -124.80 -1.55%
Net Foreign Reserves Held by Banks 5317.9 5323.7 -5.8 -0.11%
Total Liquid Foreign Reserves 13248.4 13379 -130.6 -0.98%

Amount in USD Million

Copyright Mettis Link News

Related News

News
Key Pakistan Market Stats and Economic Indicators
News
Key Pakistan Market Stats and Economic Indicators
News
SBP’s FX Purchases Jump to USD 1.02bn in September
Name Price/Vol %Chg/NChg
KSE100 153,386.08
70.44M 		3.12%
4642.77
ALLSHR 91,645.08
112.67M 		2.89%
2570.12
KSE30 46,510.20
37.72M 		3.28%
1478.60
KMI30 223,506.55
32.55M 		3.44%
7430.99
KMIALLSHR 60,093.08
65.41M 		3.00%
1750.59
BKTi 42,006.97
10.77M 		3.23%
1312.42
OGTi 32,166.64
3.52M 		2.84%
887.74
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 68,465.00 68,570.00
67,750.00 		430.00
0.63%
BRENT CRUDE 105.22 105.94
103.56 		1.25
1.20%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00 		0.95
0.85%
ROTTERDAM COAL MONTHLY 119.00 119.50
118.75 		-2.90
-2.38%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00 		0.00
0.00%
CRUDE OIL - WTI 102.88 103.31
101.52 		1.50
1.48%
SUGAR #11 WORLD 15.51 15.74
15.12 		-0.04
-0.26%
Chart of the Day
Latest News
April 01, 2026 at 10:05 AM GMT+05:00

NBP issues foreign exchange rates

April 01, 2026 at 09:54 AM GMT+05:00

Standard Chartered expands women in tech programme

April 01, 2026 at 09:42 AM GMT+05:00

Asia markets climb on geopolitical relief hopes

April 01, 2026 at 09:42 AM GMT+05:00

PSX Opening Bell: Green Lights All Around

April 01, 2026 at 07:46 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market

Top 5 things to watch in this week
Black checkmark icon SBP Interventions in Interbank FX Market
National Accounts Q2 FY26
CPI
Trade Balance
MTB Auction
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg