SBP reserves rise $84m to $11.26bn

MG News | November 14, 2024 at 05:50 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

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%.

**Summary of Holding and Weekly Change**
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

Copyright Mettis Link News

Related News

Sindh motor insurance coverage jumps nearly 15-fold

OMO Result: SBP injects Rs10.5tr into Market

OMCs have no role in fuel pricing: Cnergyico

Name	Price/Vol	%Chg/NChg
KSE100	180,025.92 291.86M	0.90% 1611.12
ALLSHR	108,881.79 691.13M	0.84% 901.98
KSE30	53,631.75 115.99M	0.98% 518.90
KMI30	256,969.23 112.23M	1.09% 2768.99
KMIALLSHR	70,723.45 397.11M	0.78% 547.18
BKTi	48,649.61 27.15M	0.65% 314.03
OGTi	36,923.13 13.00M	0.46% 167.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	59,475.00	60,735.00 59,260.00	-1080.00 -1.78%
BRENT CRUDE	74.24	74.39 73.07	0.33 0.45%
RICHARDS BAY COAL MONTHLY	103.50	0.00 0.00	-1.25 -1.19%
ROTTERDAM COAL MONTHLY	119.20	119.20 118.50	2.50 2.14%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	71.01	71.18 69.75	0.26 0.37%
SUGAR #11 WORLD	14.89	14.91 14.77	0.11 0.74%