SBP reserves increase by $258mn to $4.60bn
By MG News | January 19, 2023 at 07:55 PM GMT+05:00
January 19, 2023 (MLN): Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $258 million to $4.60 billion during the week ended on January 13, 2023, according to the data released by the central bank on Thursday.
Reserves held by the commercial bank showed a slight decline of $2.2mn to clock in at $5.84bn.
Meanwhile, the total reserves held by the county rose to $10.44bn.
To note, after a decline of $3.6bn during the last two months, the SBP reserves moved up by $258mn.
It is important to note that the current level of foreign currency reserves is barely enough to cover 0.89 months of import bills.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 122,143.57 238.19M |
-1.57% -1949.56 |
| ALLSHR | 76,055.22 966.52M |
-1.36% -1051.07 |
| KSE30 | 36,883.30 115.66M |
-1.74% -653.39 |
| KMI30 | 180,397.18 129.11M |
-2.16% -3973.50 |
| KMIALLSHR | 52,092.45 393.86M |
-1.73% -918.69 |
| BKTi | 29,957.41 15.86M |
-1.36% -411.82 |
| OGTi | 27,188.26 11.39M |
-1.70% -471.10 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 105,715.00 | 106,630.00 103,010.00 |
-1380.00 -1.29% |
| BRENT CRUDE | 75.18 | 78.50 70.41 |
5.82 8.39% |
| RICHARDS BAY COAL MONTHLY | 88.00 | 0.00 0.00 |
-2.00 -2.22% |
| ROTTERDAM COAL MONTHLY | 103.60 | 103.60 103.50 |
1.00 0.97% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 73.18 | 77.62 68.49 |
5.14 7.55% |
| SUGAR #11 WORLD | 16.54 | 16.94 16.52 |
-0.16 -0.96% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Auto Numbers
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|