SBP reserves rise $49m in a week

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MG News | March 20, 2025 at 06:10 PM GMT+05:00

March 20, 2025 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $48.9 million or 0.44% WoW to $11.15 billion during the week ended on March 14, 2025, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $86.9m or 0.55% WoW to $16.02bn.

The reserves held by commercial banks rose by $38m or 0.79% WoW to $4.87bn.

In the current fiscal year, SBP-held reserves have increased by $1.76bn or 18.72%.

Meanwhile, the current calendar year has seen a decrease of $563.7m or -4.81%.

Summary of Holding and Weekly Change

Foreign reserves held by March 14, 2025 March 07, 2025 Change % Change
State Bank of Pakistan 11,146.8 11,097.9 48.9 0.44%
Net Foreign Reserves Held by Banks 4,869.0 4,831.0 38.0 0.79%
Total Liquid Foreign Reserves 16,015.8 15,928.9 86.9 0.55%

Amount in USD Million

In February 2025, SBP reserves stood at $11.249bn, while commercial banks held $4.249bn, bringing total reserves to $15.50bn.

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