SBP reserves rose by $11.9m in a week

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MG News | August 17, 2023 at 07:08 PM GMT+05:00

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August 17, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $11.9 million or 0.15% WoW to $8.06 billion during the week ended on August 11, 2023, according to the data released by the central bank on Thursday.

Similarly, the country's total reserves rose by $39.9m or 0.3% WoW to $13.38bn.

The reserves held by commercial banks rose by $28m or 0.53% WoW to $5.32bn.

Summary of Holding and Weekly Change

Foreign reserves held by August 11, 2023 August 04, 2023 Change % Change
State Bank of Pakistan 8055.3 8043.4 11.90 0.15%
Net Foreign Reserves Held by Banks 5323.7 5295.7 28 0.53%
Total Liquid Foreign Reserves 13379 13339.1 39.9 0.3%

Amount in USD Million

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