SBP reserves rise $12.5m to $12.05bn
MG News | December 12, 2024 at 06:28 PM GMT+05:00
December 12, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $12.5 million or 0.10% WoW to $12.05 billion during the week ended on December 06, 2024, data released by State Bank of Pakistan showed on Thursday.
On the other hand, the country's total reserves decreased by $19.1m or 0.11% WoW to $16.6bn.
The reserves held by commercial banks fell by $31.6m or 0.69% WoW to $4.55bn.
The central bank's reserves remain elevated, reaching levels last seen in March 2022.
Last week, SBP reserves rose by $619.8 million, or 5.43%, due to loan proceeds from the Asian Development Bank (ADB) for the Climate Change and Disaster Resilience Enhancement Program (CDREP).
In the current fiscal year, SBP-held reserves have increased by $2.66bn or 28.34%.
Meanwhile, the current calendar year has seen an increase of $3.83bn or 46.58%.
| Foreign reserves held by | December 06, 2024 | November 29, 2024 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 12,050.8 | 12,038.3 | 12.5 | 0.10% |
| Net Foreign Reserves Held by Banks | 4,550.1 | 4,581.7 | -31.6 | -0.69% |
| Total Liquid Foreign Reserves | 16,600.9 | 16,620.0 | -19.1 | -0.11% |
Amount in USD Million
Copyright Mettis Link News
Related News
.png?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,672.04 445.22M | 0.89% 1498.66 |
| ALLSHR | 102,034.89 1,183.13M | 0.89% 901.14 |
| KSE30 | 51,809.61 215.26M | 1.15% 591.24 |
| KMI30 | 244,986.87 146.15M | 1.11% 2692.35 |
| KMIALLSHR | 66,123.66 456.32M | 1.13% 736.83 |
| BKTi | 48,171.04 144.41M | 1.14% 545.15 |
| OGTi | 35,705.20 10.10M | 1.47% 516.25 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,110.00 | 79,095.00 77,690.00 | -125.00 -0.16% |
| BRENT CRUDE | 105.88 | 107.48 103.41 | 0.81 0.77% |
| RICHARDS BAY COAL MONTHLY | 104.00 | 104.00 104.00 | -1.05 -1.00% |
| ROTTERDAM COAL MONTHLY | 103.50 | 106.70 102.75 | -2.00 -1.90% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.88 | 97.85 92.68 | -0.97 -1.01% |
| SUGAR #11 WORLD | 14.10 | 14.16 13.87 | 0.21 1.51% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Repatriation of Profit & Dividend
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|