SBP reserves rise $30.7m to $12.08bn

MG News | December 19, 2024 at 08:18 PM GMT+05:00

0:00

December 19, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $30.7 million or 0.25% WoW to $12.08 billion during the week ended on December 13, 2024, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $31.8m or 0.19% WoW to $16.63bn.

The reserves held by commercial banks rose by $1.1m or 0.02% WoW to $4.55bn.

In the current fiscal year, SBP-held reserves have increased by $2.69bn or 28.67%.

Meanwhile, the current calendar year has seen an increase of $3.86bn or 46.96%.

**Summary of Holding and Weekly Change**
Foreign reserves held by	December 13, 2024	December 06, 2024	Change	% Change
State Bank of Pakistan	12,081.5	12,050.8	30.7	0.25%
Net Foreign Reserves Held by Banks	4,551.2	4,550.1	1.1	0.02%
Total Liquid Foreign Reserves	16,632.7	16,600.9	31.8	0.19%

Amount in USD Million

Copyright Mettis Link News

Related News

Govt waives August electricity bills for flood-hit domestic consumers

Pakistan’s first trade dispute resolution commission begins operations

Pakistan, China advance defence ties as President tours AVIC complex

Name	Price/Vol	%Chg/NChg
KSE100	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%