SBP reserves rise $29.8m to $11.73bn

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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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