SBP reserves rise $30.7m to $12.08bn
MG News | December 19, 2024 at 08:18 PM GMT+05:00
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%.
| 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
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