SBP reserves rise $29m to $11.29bn

MG News | November 21, 2024 at 06:41 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 21, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $29.4 million or 0.26% WoW to $11.29 billion during the week ended on November 15, 2024, data released by State Bank of Pakistan showed on Thursday.

The country's total reserves inched up by $2.2m or 0.01% WoW to $15.97bn.

That was because the reserves held by commercial banks fell by $27.2m or 0.58% WoW to $4.68bn.

In the current fiscal year, SBP-held reserves have increased by $1.9bn or 20.22%.

Meanwhile, the current calendar year has seen an increase of $3.07bn or 37.3%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	November 15, 2024	November 08, 2024	Change	% Change
State Bank of Pakistan	11,288.0	11,258.6	29.4	0.26%
Net Foreign Reserves Held by Banks	4,679.7	4,706.9	-27.2	-0.58%
Total Liquid Foreign Reserves	15,967.7	15,965.5	2.2	0.01%

Amount in USD Million

Copyright Mettis Link News

Related News

Diesel up Rs5.28, petrol Rs5.02 from September 12

Refiners get 45 days to save their tariff cushion

Pakistan seeks stronger Hong Kong ties, pushes trade, finance, aviation cooperation

Name	Price/Vol	%Chg/NChg
KSE100	170,511.86 278.75M	0.98% 1646.82
ALLSHR	103,203.80 682.99M	0.89% 908.76
KSE30	50,839.23 100.13M	1.18% 592.12
KMI30	243,245.60 147.66M	1.61% 3852.07
KMIALLSHR	66,892.15 407.33M	1.15% 757.54
BKTi	47,509.55 28.38M	0.77% 361.93
OGTi	34,789.19 8.38M	1.60% 547.02

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,435.00	77,435.00 77,235.00	5.00 0.01%
BRENT CRUDE	104.32	109.97 103.50	-3.31 -3.08%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	1.70 1.33%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-0.75 -0.53%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	99.99	104.46 98.48	-2.49 -2.43%
SUGAR #11 WORLD	18.15	18.84 17.93	-0.58 -3.10%