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%.

**Summary of Holding and Weekly Change**
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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