SBP reserves jump $106m to $10.81bn

MG News | October 10, 2024 at 07:36 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 10, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $106.3 million or 0.99% WoW to $10.81 billion during the week ended on October 04, 2024, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $64.1m or 0.40% WoW to $16.05bn.

On the other hand, the reserves held by commercial banks fell by $42.2m or 0.80% WoW to $5.24bn.

Last week, SBP reserves surged by $1.17bn amid the first loan tranche from the International Monetary Fund (IMF) under EFF program.

In the current fiscal year, SBP-held reserves have increased by $1.42bn or 15.11%.

Meanwhile, the current calendar year has seen an increase of $2.59bn or 31.46%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	October 04, 2024	September 27, 2024	Change	% Change
State Bank of Pakistan	10,808.0	10,701.7	106.3	0.99%
Net Foreign Reserves Held by Banks	5,239.0	5,281.2	-42.2	-0.80%
Total Liquid Foreign Reserves	16,047.0	15,982.9	64.1	0.40%

Amount in USD Million

Copyright Mettis Link News

Related News

Finance Minister backs textile industry's push for growth oriented Budget

Car sales rise 2x in April 2026

FFC raises Sona DAP price by Rs400

Name	Price/Vol	%Chg/NChg
KSE100	168,916.22 424.80M	-0.93% -1590.09
ALLSHR	101,593.67 1,014.96M	-0.98% -1004.32
KSE30	50,530.75 88.22M	-0.96% -490.27
KMI30	242,598.23 241.53M	-0.87% -2138.05
KMIALLSHR	66,124.88 539.33M	-0.97% -645.97
BKTi	46,429.00 30.87M	-0.95% -445.09
OGTi	35,481.82 11.72M	-0.39% -139.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,720.00	82,215.00 80,625.00	-1465.00 -1.78%
BRENT CRUDE	107.44	108.22 104.23	3.23 3.10%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	110.00	110.05 110.00	0.15 0.14%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	101.26	102.05 98.00	3.19 3.25%
SUGAR #11 WORLD	15.12	15.22 14.98	0.21 1.41%