SBP reserves rise $18.6m to $9.42bn
MG News | July 18, 2024 at 07:41 PM GMT+05:00
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%.
| 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
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