SBP reserves diminished by $81.2m in a week
MG News | August 31, 2023 at 08:06 PM GMT+05:00
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.
| 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
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