SBP reserves rise $84m to $11.26bn
MG News | November 14, 2024 at 05:50 PM GMT+05:00
November 14, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million or 0.75% WoW to $11.26 billion during the week ended on November 08, 2024, data released by State Bank of Pakistan showed on Thursday.
Similarly, the country's total reserves increased by $33.7m or 0.21% WoW to $15.97bn.
The reserves held by commercial banks fell by $50.3m or 1.06% WoW to $4.71bn.
In the current fiscal year, SBP-held reserves have increased by $1.87bn or 19.91%.
Meanwhile, the current calendar year has seen an increase of $3.04bn or 36.95%.
| Foreign reserves held by | November 08, 2024 | November 01, 2024 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 11,258.6 | 11,174.6 | 84.0 | 0.75% |
| Net Foreign Reserves Held by Banks | 4,706.9 | 4,757.2 | -50.3 | -1.06% |
| Total Liquid Foreign Reserves | 15,965.5 | 15,931.8 | 33.7 | 0.21% |
Amount in USD Million
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