SBP reserves diminished by $81.2m in a week

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

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

Key Pakistan Market Stats and Economic Indicators

PVARA grants NOCs to Binance, HTX

Customs seizes 275,000 litres of smuggled diesel

Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,870.00	90,250.00 87,745.00	-570.00 -0.63%
BRENT CRUDE	61.44	61.50 61.07	0.32 0.52%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	0.00 0.00	0.60 0.62%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.74	57.80 57.38	0.30 0.52%
SUGAR #11 WORLD	15.10	15.27 14.83	0.25 1.68%