Tag: Foreign Exchange Reserves

KARACHI: Pakistan’s liquid foreign exchange reserves fell by $386 million to $22.283 billion by week ended March 11, 2022 as compared with $22.669 billion a week ago i.e. March 04, 2022, State Bank of Pakistan (SBP) said on Thursday.

The official reserves of the State Bank fell by $381 million to $15.831 billion by week ended March 11, 2022 as compared with $16.212 billion a week ago.

The foreign exchange reserves held by commercial banks also eased by $5 million to $6.452 billion by week ended March 11, 2022 as compared with $6.457 billion a week ago.

READ MORE: SBP’s reserves slip by $250 million on foreign payments

KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) declined by $250 million owing to external debt payments.

The official reserves of the central bank decreased to $16.212 billion by week ended March 04, 2022. The central bank’s official reserves were $16.462 billion a week ago on February 25, 2022, the SBP said on Thursday.

The SBP said the reserves were declined due to external debt and other payments.

The total liquid foreign exchange reserves of the country fell by $206 million to $22.669 billion by week ended March 04, 2022 as against $22.875 billion as on February 25, 2022.

The foreign exchange reserves held by commercial banks, however, increased by $44 million to $6.457 billion by week ended March 04, 2022 as compared with $6.413 billion a week ago.

READ MORE: Pakistan’s forex reserves decline to $22.875 billion

KARACHI: The liquid foreign exchange reserves of Pakistan declined by $264 million to $23.226 billion by week ended February 18, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were $23.49 billion by week ended February 11, 2022.

The official reserves of the State Bank fell by $289 million to $16.807 billion by week ended February 18, 2022 as compared with $17.096 billion a week ago.

However, the foreign exchange reserves held by commercial banks increased by $25 million to $6.419 billion by week ended February 18, 2022 as compared with $6.394 billion a week ago.

Pakistan foreign exchange reserves rise to $23.72 billion

KARACHI: The total liquid foreign exchange reserves of Pakistan have declined by $231 million to $23.49 billion by week ended February 11, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were $23.721 billion by week ended February 04, 2022.

The official reserves of the central bank fell by $241 million to $17.096 billion by week ended February 11, 2022 as compared with $17.337 billion a week ago.

However, the foreign exchange reserves held by commercial banks slightly increased by $10 million to $6.394 billion by week ended February 11, 2022 as compared with $6.384 billion a week ago.

Pakistan foreign exchange reserves rise to $23.72 billion

KARACHI: Pakistan’s foreign exchange reserves increased significantly to $23.72 billion owing to inflows from International Monetary Fund (IMF) and Sukuk proceeds.

The total liquid foreign exchange reserves of the country rose by $1.637 billion to $23.721 billion by week ended February 04, 2022.

The foreign exchange reserves of the country were $22.084 billion by week ended January 28, 2022, the State Bank of Pakistan (SBP) said on Thursday.

The official reserves of the State Bank increased by $1.61 billion to $17.337 billion by week ended February 04, 2022 as compared with $15.727 billion a week ago.

The SBP said that the rise in foreign exchange reserves due to inflows of $ 1,053 million received from IMF under EFF program and proceeds against Pakistan International Sukuk Bond issuance of $1,000 million.

The foreign exchange held by commercial banks also increased by $25 million to $6.384 billion by week ended February 04, 2022 as compared with $6.357 billion a week ago.

Pakistan’s forex reserves decline to $22.085 billion

KARACHI: Pakistan’s liquid foreign exchange reserves declined by $397 million to $22.085 billion by week ended January 28, 2022, the central bank said on Thursday.

The country’s foreign exchange reserves were at $22.482 billion by week ended January 21, 2022, the State Bank of Pakistan (SBP) said.

The official reserves of the central bank also declined by $462 million to $15.728 billion by week ended January 28, 2022 as compared with $16.19 billion a week ago. The SBP attributed the decline to external and other repayments.

The foreign exchange reserves held by commercial banks however increased by $65 million to $6.357 billion by week ended January 28, 2022 as compared with $6.292 billion a week ago.

Pakistan’s forex reserves plunge by $866 million

KARACHI: Pakistan’s liquid foreign exchange reserves plunged by $866 million to $22.482 billion by week ended January 21, 2022, the central bank said on Thursday.

The country’s foreign exchange reserves were at $23.35 billion by week ended January 14, 2022, the State Bank of Pakistan (SBP) said.

The official reserves of the central bank sharply declined by $846 million to $16.19 billion by week ended January 21, 2022 as compared with $17.036 billion a week ago.

The SBP attributed the decline to external and other repayments.

The foreign exchange reserves held by commercial banks also fell by $22 million to $6.292 billion by week ended January 21, 2022 as compared with $6.314 billion a week ago.

Pakistan’s foreign exchange reserves drop to $23.35 bn

KARACHI: Pakistan’s liquid foreign exchange reserves dropped by $551 million to $23.35 billion by week ended January 14, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $23.901 billion by week ended January 07, 2022.

The official foreign exchange reserves of the SBP fell by $562 million to $17.036 billion by week ended January 14, 2022 as compared with $17.598 billion a week ago. The SBP attributed the fall in foreign exchange reserves to external debt and other payments.

The foreign exchange reserves held by commercial banks up by $11 million to $6.314 billion by week ended January 14, 2022 as compared with $6.303 billion a week ago.

Pakistan’s forex reserves decline by $118 million

KARACHI: Pakistan’s total liquid foreign exchange reserves declined by $118 million during a week, the State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were $23.901 billion by week ended January 07, 2022 as compared with $24.019 billion by week ended December 31, 2021.

The official reserves of the central bank came down by $88 million to $17.598 billion by week ended January 07, 2022 as compared with $17.686 billion a week ago.

Likewise, the foreign exchange reserves held by commercial banks declined by $30 million to $3.303 billion by week ended January 07, 2022 as compared with $6.333 billion a week ago.

Pakistan’s foreign exchange reserves fall to $24.27 billion

KARACHI: Pakistan’s foreign exchange reserves experienced a significant decline of $360 million during the week ending December 24, 2021, according to the State Bank of Pakistan (SBP). The drop in reserves highlights ongoing challenges in managing the country’s external accounts amid fluctuating global economic conditions.

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