SBP reserves diminished by $81.2m in a week

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

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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

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