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 133,330.11
124.45M
0.57%
753.12
ALLSHR 83,448.42
414.09M
0.56%
464.75
KSE30 40,500.39
19.20M
0.35%
141.60
KMI30 191,376.39
23.89M
0.34%
649.07
KMIALLSHR 55,961.37
204.39M
0.47%
262.89
BKTi 36,605.48
7.85M
1.00%
363.41
OGTi 28,207.03
2.60M
-0.41%
-116.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,810.00 112,170.00
111,395.00
-435.00
-0.39%
BRENT CRUDE 70.36 70.42
69.91
0.17
0.24%
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 68.49 68.57
68.04
0.11
0.16%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 10, 2025 at 11:09 AM GMT+05:00

Bitcoin soars to record above $112k, bulls now eye $150k


July 10, 2025 at 11:09 AM GMT+05:00

Pakistan invites Turkish firms to expand investment


July 10, 2025 at 11:09 AM GMT+05:00

Dollar slips, real plunges as Trump tariffs rattle Brazil


July 10, 2025 at 10:29 AM GMT+05:00

Trump plans steep 50% Tariff on Brazilian imports



Top 5 things to watch in this week

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