SBP reserves rise $29.8m to $11.73bn

MG News | January 16, 2025 at 07:20 PM GMT+05:00

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January 16, 2025 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $29.8 million or 0.25% WoW to $11.73 billion during the week ended on January 10, 2025, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $73.1m or 0.45% WoW to $16.45bn.

The reserves held by commercial banks rose by $43.3m or 0.92% WoW to $4.73bn.

In the current fiscal year, SBP-held reserves have increased by $2.34bn or 24.87%.

Meanwhile, the current calendar year has seen an increase of $14.5m or 0.12%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	January 10, 2025	January 03, 2025	Change	% Change
State Bank of Pakistan	11,725.0	11,695.2	29.8	0.25%
Net Foreign Reserves Held by Banks	4,725.9	4,682.6	43.3	0.92%
Total Liquid Foreign Reserves	16,450.9	16,377.8	73.1	0.45%

Amount in USD Million

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