SBP reserves diminished by $81.2m in a week

MG News | August 31, 2023 at 08:06 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 31, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $81.2 million or 1.02% WoW to $7.85 billion during the week ended on August 25, 2023, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves decreased by $77.3m or 0.58% WoW to $13.17bn.

The reserves held by commercial banks rose by $3.9m or 0.07% WoW to $5.32bn.

**Summary of Holding and Weekly Change**
Foreign reserves held by	August 25, 2023	August 18, 2023	Change	% Change
State Bank of Pakistan	7849.3	7930.5	-81.20	-1.02%
Net Foreign Reserves Held by Banks	5321.8	5317.9	3.9	0.07%
Total Liquid Foreign Reserves	13171.1	13248.4	-77.3	-0.58%

Amount in USD Million

Copyright Mettis Link News

Related News

FBR clarifies RDA holders exempt from return filing, non-filer rates

Pakistan receives $4.1bn under IMF programme, misses some key targets

Pakistan, EU reaffirm commitment to deepen strategic partnership

Name	Price/Vol	%Chg/NChg
KSE100	170,498.95 314.82M	-1.01% -1733.57
ALLSHR	103,103.10 757.94M	-1.08% -1128.70
KSE30	50,739.70 126.19M	-1.06% -544.11
KMI30	244,205.17 97.93M	-1.06% -2620.36
KMIALLSHR	66,873.02 444.70M	-1.20% -810.61
BKTi	47,132.90 22.64M	-0.97% -463.02
OGTi	34,962.57 7.69M	-1.18% -418.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,355.00	84,945.00 82,850.00	-140.00 -0.17%
BRENT CRUDE	107.91	108.03 101.83	4.83 4.69%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.75 5.48%
ROTTERDAM COAL MONTHLY	137.10	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	96.39	96.46 91.23	4.23 4.59%
SUGAR #11 WORLD	18.64	19.07 18.61	-0.16 -0.85%