SBP reserves rise $12.5m to $8.06bn
MG News | February 15, 2024 at 07:53 PM GMT+05:00
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February 15, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $12.5 million or 0.16% WoW to $8.06 billion during the week ended on February 09, 2024, according to the data released by the central bank on Thursday.
Similarly, the country's total reserves rose by $51.5m or 0.39% WoW to $13.15bn.
The reserves held by commercial banks rose by $39m or 0.77% WoW to $5.09bn.
In the current fiscal year, total liquid foreign reserves have increased by $3.99bn or 43.55%.
Meanwhile, the current calendar year has seen a decrease of $0.07bn or 0.54%.
| Foreign reserves held by | February 09, 2024 | February 02, 2024 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 8056.5 | 8044 | 12.50 | 0.16% |
| Net Foreign Reserves Held by Banks | 5092.6 | 5053.6 | 39 | 0.77% |
| Total Liquid Foreign Reserves | 13149.1 | 13097.6 | 51.5 | 0.39% |
Amount in USD Million
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