SBP reserves rose by $11.9m in a week

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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