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Tag: Foreign Exchange Reserves

US Dollar Currency New

Pakistan’s Net Forex Reserves Up $31 Million in a Week

September 19, 2024September 19, 2024Shahnawaz Akhter

Karachi, September 19, 2024 – Pakistan’s net foreign exchange reserves increased by $31 million during the week ending September 13, 2024, according to the State Bank of Pakistan (SBP). The country’s total forex reserves now stand at $14.827 billion, up from $14.796 billion recorded on September 6, 2024.

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foreign exchange

Pakistan’s Foreign Exchange Reserves Inch Up to $14.796 Billion

September 12, 2024September 12, 2024Shahnawaz Akhter

Karachi, September 12, 2024 – Pakistan’s foreign exchange reserves recorded a modest increase of $56 million, bringing the total to $14.796 billion by the week ending on September 6, 2024.

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foreign exchange

SBP Records $34 Million Rise in Weekly Forex Reserves

September 5, 2024September 5, 2024Shahnawaz Akhter

Karachi, September 5, 2024 – The State Bank of Pakistan (SBP) reported an increase of $34 million in its foreign exchange reserves for the week ending August 30, 2024.

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foreign exchange

SBP Records $111 Million Increase in Foreign Exchange Reserves

August 29, 2024August 29, 2024Shahnawaz Akhter

Karachi, August 29, 2024 – The State Bank of Pakistan (SBP) has reported a modest increase in its foreign exchange reserves, marking a $111 million rise for the week ending August 23, 2024. This uptick brings the total reserves held by the central bank to $9.403 billion, up from $9.292 billion the previous week.

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US Dollar Currency New

Pakistan’s Forex Reserves Inch Up, Reaching $14.67 Billion

August 22, 2024August 22, 2024Shahnawaz Akhter

KARACHI, August 22, 2024 – Pakistan’s foreign exchange reserves experienced a slight uptick, closing at $14.67 billion as of August 16, 2024, according to a report released by the State Bank of Pakistan (SBP) on Thursday. This marks a modest increase of $22 million from the previous week’s reserves, which stood at $14.645 billion on […]

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foreign exchange

Pakistan’s Forex Reserves Surge to $14.65 Billion

August 15, 2024August 15, 2024Shahnawaz Akhter

Karachi, August 15, 2024 – Pakistan’s foreign exchange reserves witnessed a significant uptick, climbing by $173 million to reach $14.65 billion by the week ended August 9, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.

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foreign exchange

Pakistan Reports Increase in Forex Reserves by $80 Million

August 8, 2024August 8, 2024Shahnawaz Akhter

Karachi, August 8, 2024 – The foreign exchange reserves of Pakistan saw a modest increase of $80 million during the week ending on August 2, 2024, according to the latest data released by the State Bank of Pakistan (SBP).

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foreign exchange

Weekly Forex Reserves of Pakistan Increase by $57 Million

August 1, 2024August 1, 2024Shahnawaz Akhter

Karachi, August 1, 2024 – Net foreign exchange reserves of Pakistan saw an increase of $57 million on a weekly basis, the State Bank of Pakistan (SBP) announced on Thursday. By the week ending July 26, 2024, the country’s total foreign exchange reserves had risen to $14.392 billion, compared to $14.335 billion recorded the previous […]

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foreign exchange

SBP Reserves Plummet by $397 Million Amid Debt Repayments

July 25, 2024July 25, 2024Shahnawaz Akhter

Karachi, July 25, 2024 – The State Bank of Pakistan (SBP) announced on Thursday a significant drop of $397 million in its official foreign exchange reserves for the week ending July 19, 2024. The reserves declined from $9.424 billion on July 12, 2024, to $9.027 billion by the end of the week.

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foreign exchange

Weekly Forex Reserves Rise by $59 Million: State Bank of Pakistan

July 18, 2024July 18, 2024Shahnawaz Akhter

Karachi, July 18, 2024 – The State Bank of Pakistan (SBP) announced on Thursday that the country’s weekly foreign exchange reserves have increased by $59 million. For the week ended July 12, 2024, the forex reserves rose to $14.704 billion, up from $14.645 billion a week earlier on July 5, 2024.

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