SBP reserves rise $30.7m to $12.08bn

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

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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

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