SBP reserves rise by $15.2m in a week
MG News | May 16, 2024 at 07:35 PM GMT+05:00
May 16, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $15.2 million or 0.17% WoW to $9.14 billion during the week ended on May 10, 2024, according to the data released by the central bank on Thursday.
The central bank did not specify a reason for the increase.
"During the week ended on May 10, 2024, SBP reserves increased by $15m to $ 9.14bn", said a statement issued by SBP.
Similarly, the country's total reserves rose by $167.5m or 1.16% WoW to $14.63bn.
The reserves held by commercial banks rose by $152.3m or 2.85% WoW to $5.49bn.
In the current fiscal year, total liquid foreign reserves have increased by $5.47bn or 59.68%.
Meanwhile, the current calendar year has seen an increase of $1.95bn or 15.41%.
| Foreign reserves held by | May 10, 2024 | May 03, 2024 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 9135.5 | 9120.3 | 15.2 | 0.17% |
| Net Foreign Reserves Held by Banks | 5490.9 | 5338.6 | 152.3 | 2.85% |
| Total Liquid Foreign Reserves | 14626.4 | 14458.9 | 167.5 | 1.16% |
Amount in USD Million
Copyright Mettis Link News
Related News
.png?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 176,347.30 228.37M | 3.11% 5326.10 |
| ALLSHR | 106,862.27 570.15M | 2.91% 3025.88 |
| KSE30 | 52,660.44 72.86M | 3.35% 1708.45 |
| KMI30 | 248,731.32 72.03M | 3.37% 8097.45 |
| KMIALLSHR | 68,595.04 300.10M | 3.04% 2022.29 |
| BKTi | 50,213.83 20.16M | 3.17% 1540.60 |
| OGTi | 34,885.69 6.15M | 3.51% 1183.43 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 65,285.00 | 66,075.00 63,875.00 | 1070.00 1.67% |
| BRENT CRUDE | 90.97 | 93.60 89.58 | -5.81 -6.00% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.55 -1.44% |
| ROTTERDAM COAL MONTHLY | 121.10 | 0.00 0.00 | 0.85 0.71% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 84.20 | 86.20 83.10 | -5.11 -5.72% |
| SUGAR #11 WORLD | 14.68 | 14.75 14.64 | -0.09 -0.61% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|