SBP reserves rise $18m in a week

MG News | November 07, 2024 at 06:59 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 07, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18 million or 0.16% WoW to $11.175 billion during the week ended on November 01, 2024, data released by State Bank of Pakistan showed on Thursday.

On the other hand, the country's total reserves decreased by $117.2m or 0.73% WoW to $15.932bn.

This is because the reserves held by commercial banks fell by $135.4m or 2.78% WoW to $4.757bn.

In the current fiscal year, SBP-held reserves have increased by $1.785bn or 19%.

Meanwhile, the current calendar year has seen an increase of $2.95bn or 35.92%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	November 01, 2024	October 25, 2024	Change	% Change
State Bank of Pakistan	11,174.6	11,156.4	18	0.16%
Net Foreign Reserves Held by Banks	4,757.2	4,892.6	-135.4	-2.78%
Total Liquid Foreign Reserves	15,931.8	16,049.6	-117.2	-0.73%

Amount in USD Million

Copyright Mettis Link News

Related News

FCC strikes down 1996 Land Commission Order

Pakistan, Uzbekistan boost air connectivity

Pakistan, Japan push skilled workforce cooperation

Name	Price/Vol	%Chg/NChg
KSE100	176,133.57 448.77M	0.12% 205.83
ALLSHR	106,568.82 1,000.73M	0.14% 149.03
KSE30	52,663.90 106.37M	0.09% 48.09
KMI30	247,838.42 145.61M	0.01% 22.07
KMIALLSHR	68,255.80 586.07M	0.03% 23.11
BKTi	50,243.89 28.25M	0.32% 158.69
OGTi	34,622.42 7.25M	-0.35% -120.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,755.00	67,095.00 65,165.00	1570.00 2.41%
BRENT CRUDE	91.10	91.99 87.87	1.88 2.11%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	119.65	120.25 119.50	-0.25 -0.21%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	84.30	85.03 81.39	1.82 2.21%
SUGAR #11 WORLD	14.95	14.96 14.76	0.13 0.88%