SBP reserves fall $143m to $11.71bn

MG News | January 02, 2025 at 07:27 PM GMT+05:00

0:00

January 02, 2025 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $143 million or 1.21% WoW to $11.71 billion during the week ended on December 27, 2024, data released by State Bank of Pakistan showed on Thursday.

This decrease it attributed to the external debt repayments.

On the other hand, the country's total reserves increased by $37.2m or 0.23% WoW to $16.41bn.

The reserves held by commercial banks rose by $180.2m or 3.99% WoW to $4.7bn.

In the current fiscal year, SBP-held reserves have increased by $2.32bn or 24.72%.

Meanwhile, the current calendar year has seen an increase of $3.49bn or 42.44%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	December 27, 2024	December 20, 2024	Change	% Change
State Bank of Pakistan	11,710.5	11,853.5	-143.0	-1.21%
Net Foreign Reserves Held by Banks	4,698.2	4,518.0	180.2	3.99%
Total Liquid Foreign Reserves	16,408.7	16,371.5	37.2	0.23%

Amount in USD Million

Copyright Mettis Link News

Related News

SBP reserves have increased for the 32nd consecutive week

Electricity supply steady in face of seasonal constraints

Ishaq Dar leads Pakistan’s diplomatic push in Riyadh

Name	Price/Vol	%Chg/NChg
KSE100	152,740.38 147.44M	-1.01% -1551.88
ALLSHR	91,858.47 324.25M	-0.86% -800.10
KSE30	46,223.61 86.89M	-1.45% -681.25
KMI30	219,130.92 66.08M	-1.15% -2553.50
KMIALLSHR	59,625.28 139.61M	-0.93% -562.17
BKTi	42,104.46 39.09M	-2.02% -866.56
OGTi	32,077.87 10.13M	-1.27% -414.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,550.00	70,680.00 69,755.00	190.00 0.27%
BRENT CRUDE	106.63	107.85 105.05	-2.02 -1.86%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.80 -10.61%
ROTTERDAM COAL MONTHLY	123.30	123.30 123.00	2.10 1.73%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	93.66	94.80 92.47	-1.89 -1.98%
SUGAR #11 WORLD	15.42	15.49 14.76	0.62 4.19%