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

SBP’s Dollar Buys and Policy Measures Support PKR Stability

Pakistan, Saudi Arabia forge new Economic Cooperation Framework

Bank deposits increase to over Rs35tr in September

Name	Price/Vol	%Chg/NChg
KSE100	160,101.03 374.97M	-1.27% -2062.78
ALLSHR	97,525.54 1,017.39M	-1.28% -1263.78
KSE30	48,859.40 134.69M	-1.13% -559.19
KMI30	232,188.88 82.63M	-1.44% -3403.91
KMIALLSHR	63,958.79 443.85M	-1.53% -996.37
BKTi	44,948.04 67.45M	-1.08% -489.73
OGTi	31,541.13 6.10M	-1.89% -609.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	112,945.00	116,285.00 112,410.00	-2125.00 -1.85%
BRENT CRUDE	64.48	65.76 64.00	-1.14 -1.74%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.55 -0.68%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.18	61.50 59.76	-1.13 -1.84%
SUGAR #11 WORLD	14.39	14.59 14.28	-0.07 -0.48%