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SBP reserves increase by $107m in a week

SBP maintains rate of Special Cash Reserve Account at 4.32% for November
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June 15, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $106.5 million or 2.72% WoW to $4.02 billion during the week ended on June 09, 2023, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves rose by $43.4m or 0.46% WoW to $9.38bn.

The reserves held by commercial banks decreased by $63.1m or 1.16% WoW to $5.36bn.

Summary of Holding and Weekly Change

Foreign reserves held by Jun 09, 2023 Jun 02, 2023 Change % Change
State Bank of Pakistan 4,018.70 3,912.20 106.50 2.72%
Net Foreign Reserves Held by Banks 5,359.50 5,422.60 -63.10 -1.16%
Total Liquid Foreign Reserves 9,378.20 9,334.80 43.40 0.46%

Amount in USD Million

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Posted on: 2023-06-15T18:35:49+05:00