SBP reserves rise $18.6m to $9.42bn

MG News | July 18, 2024 at 07:41 PM GMT+05:00

0:00

July 18, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18.6 million or 0.20% WoW to $9.42 billion during the week ended on July 12, 2024, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $58.8m or 0.40% WoW to $14.7bn.

The reserves held by commercial banks rose by $40.2m or 0.77% WoW to $5.28bn.

In the current fiscal year, SBP-held reserves have increased by $34.2m or 0.36%.

Meanwhile, the current calendar year has seen an increase of $1.2bn or 14.63%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	July 12, 2024	July 05, 2024	Change	% Change
State Bank of Pakistan	9,423.7	9,405.1	18.6	0.20%
Net Foreign Reserves Held by Banks	5,279.8	5,239.6	40.2	0.77%
Total Liquid Foreign Reserves	14,703.5	14,644.7	58.8	0.40%

Amount in USD Million

Copyright Mettis Link News

Related News

SBP Forex Reserves Increase by USD 27 Million

SBP Raises Rs492.9 Billion in T-Bills Auction; Sells Rs55 Billion in 10-Year Floating Bonds

Pakistan to host Inter-Parliamentary Speakers’ Conference on peace, security and development

Name	Price/Vol	%Chg/NChg
KSE100	163,113.99 73.73M	0.11% 177.05
ALLSHR	99,001.22 284.34M	0.19% 192.08
KSE30	49,486.69 35.94M	0.08% 40.87
KMI30	233,190.69 35.15M	0.20% 474.84
KMIALLSHR	64,525.31 132.92M	0.21% 137.63
BKTi	44,048.75 8.02M	0.23% 101.86
OGTi	32,394.84 7.29M	0.45% 144.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,125.00	88,150.00 85,370.00	-315.00 -0.36%
BRENT CRUDE	62.67	63.02 62.44	-0.71 -1.12%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.10 0.12%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.24	58.80 58.02	-0.76 -1.29%
SUGAR #11 WORLD	14.68	14.80 14.58	0.02 0.14%