SBP reserves surge above $11bn

News Image

By MG News | October 17, 2024 at 06:43 PM GMT+05:00

0:00

October 17, 2024 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) jumped further by $214.7 million or 1.99% WoW to $11.02 billion during the week ended on October 11, 2024, data released by State Bank of Pakistan showed on Thursday.

Similarly, the country's total reserves increased by $64.3m or 0.40% WoW to $16.11bn.

The reserves held by commercial banks fell by $150.4m or 2.87% WoW to $5.09bn.

In the current fiscal year, SBP-held reserves have increased by $1.63bn or 17.39%.

Meanwhile, the current calendar year has seen an increase of $2.8bn or 34.08%.

Summary of Holding and Weekly Change

Foreign reserves held by October 11, 2024 October 04, 2024 Change % Change
State Bank of Pakistan 11,022.7 10,808.0 214.7 1.99%
Net Foreign Reserves Held by Banks 5,088.6 5,239.0 -150.4 -2.87%
Total Liquid Foreign Reserves 16,111.3 16,047.0 64.3 0.40%

Amount in USD Million

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,545.00 112,170.00
111,420.00
-700.00
-0.62%
BRENT CRUDE 70.16 70.22
69.91
-0.03
-0.04%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.31 68.39
68.04
-0.07
-0.10%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 10, 2025 at 09:26 AM GMT+05:00

NBP issues foreign exchange rates


July 10, 2025 at 06:22 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 09, 2025 at 11:58 PM GMT+05:00

Auction Result: Govt raises Rs1.5tr through T-bills


July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg