Tag: Foreign Exchange Reserves

  • Foreign exchange reserves increase to $22.91 billion

    Foreign exchange reserves increase to $22.91 billion

    KARACHI: The foreign exchange reserves of the country increased by $167 million to $22.91 billion by week ended May 07, 2021, State Bank of Pakistan (SBP) said on Monday.

    The foreign exchange reserves of the country were at $22.743 billion by week ended April 30, 2021.

    The foreign exchange reserves held by the SBP increased by $176 million to $15.774 billion by week ended May 07, 2021 as compared with $15.598 billion by week ended April 30, 2021. The SBP attributed the weekly increase in the foreign exchange reserves to the government’s official inflows.

    The foreign exchange reserves held by commercial banks eased by $9 million to $7.136 billion by week ended May 07, 2021 as compared with $7.145 million on the week ended by April 30, 2021.

  • Pakistan’s foreign exchange reserves fall by $777 million

    Pakistan’s foreign exchange reserves fall by $777 million

    KARACHI: Pakistan’s foreign exchange reserves have fell by $777 million during a week owing to repayment of government’s external debt, State Bank of Pakistan (SBP) said on Thursday.

    The country’s foreign exchange reserves fell to $22.746 billion by week ended April 30, 2021 as compared with $23.52 billion a week ago ended April 23, 2021.

    The official reserves of the central bank fell by $830 million to $15.598 billion by week ended April 30, 2021 as compared with $16.428 billion a week ago. The SBP said that during the week government’ commercial loan of $ 1.0billion was paid, whose impact on SBP’s reserves was partially offset by official inflows.

    The foreign exchange reserves held by commercial banks however increased by $53 million to $7.145 billion as compared with $7.092 million a week ago.

  • Foreign exchange reserves increase by $307 million to $23.52 billion

    Foreign exchange reserves increase by $307 million to $23.52 billion

    KARACHI: The foreign exchange reserves of the country increased by $307 million to $23.52 billion by week ended April 23, 2021, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $23.213 billion by week ended April 16, 2021.

    The foreign exchange reserves of the central bank increased by $384 million to $16.428 billion by week ended April 23, 2021 as compared with $16.044 billion a week ago.

    However, foreign exchange reserves held by commercial banks fell by $77 million to $7.092 billion by week ended April 23, 2021 as compared with $7.169 billion a week ago.

  • Foreign exchange reserves flat at $23.21 billion

    Foreign exchange reserves flat at $23.21 billion

    KARACHI: The foreign exchange reserves of the country registered nominal fall of $7 million to $23.213 billion by week ended April 16, 2021, State Bank of Pakistan (SBP) on Thursday.

    The foreign exchange reserves of the country were $23.22 billion by week ended April 09, 2021.

    The official foreign exchange reserves of the SBP fell by $62 million to $16.044 billion by week ended April 16, 2021 from $16.106 billion a week ago.

    However, foreign exchange reserves maintained by commercial banks increased by $55 million to $7.169 billion by week ended April 16, 2021 as compared with $7.114 billion a week ago.

  • Pakistan foreign exchange reserves increase to $23.22 billion

    Pakistan foreign exchange reserves increase to $23.22 billion

    KARACHI: The foreign exchange reserves of the country have increased by $2.54 billion to $23.22 billion by week ended April 09, 2021, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $20.679 billion by week ended April 02, 2021.

    The official foreign exchange reserves of the State Bank increased by $2.579 billion to $16.106 billion by week ended April 09, 2021 as compared with $13.527 billion a week ago.

    The increase in reserves has been attributed to receipt of proceeds of $2.5 billion against issuance of Pakistan Euro Bonds.

    The foreign exchange reserves held by commercial banks eased by $38 million to $7.114 billion by week ended April 09, 2021 as compared with $7.152 billion a week ago.

  • Country’s foreign exchange reserves ease to $20.679 billion

    Country’s foreign exchange reserves ease to $20.679 billion

    KARACHI: The liquid foreign exchange reserves of the country have declined by $157 million to $20.679 billion by week ended April 02, 2021, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $20.836 billion by week ended March 26, 2021.

    The official reserves of the SBP fell by $146 million to $13.527 million by week ended April 02, 2021 as compared with $13.673 billion a week ago. The SBP attributed the decline to external debt repayments.

    The foreign exchange held by commercial banks also eased by $11 million to $7.152 billion by week ended April 02, 2021 as compared with $7.163 billion a week ago.

  • Pakistan’s foreign exchange reserves increase by $401 million to $20.836 billion

    Pakistan’s foreign exchange reserves increase by $401 million to $20.836 billion

    KARACHI – In a significant development, Pakistan’s liquid foreign exchange reserves witnessed a robust increase of $401 million, reaching $20.836 billion by the week ending March 26, 2021, according to the State Bank of Pakistan (SBP).

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  • Foreign exchange reserves increase to $20.435 billion

    Foreign exchange reserves increase to $20.435 billion

    The State Bank of Pakistan (SBP) reported a rise in the country’s liquid foreign exchange reserves, which increased by $276 million to reach $20.435 billion by the week ending March 19, 2021.

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  • Foreign exchange reserves remain flat at $20.159 billion

    Foreign exchange reserves remain flat at $20.159 billion

    KARACHI: The liquid foreign exchange reserves of the country are remained flat at $20.159 billion by week ended March 12, 2021, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $20.158 billion by week ended March 05, 2021,

    The official foreign exchange reserves of the central bank were at $13.02 billion by week ended March 12, 2021 as compared with $13.016 billion a week ago.

    The foreign exchange reserves held by commercial banks were at $7.139 billion by week ended March 12, 2021 as compared with $7.142 billion a week ago.

  • Foreign exchange reserves inch up to $20.158 billion

    Foreign exchange reserves inch up to $20.158 billion

    KARACHI: The liquid foreign exchange reserves of the country inched by $25 million to $20.158 billion by week ended March 05, 2021, the State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $20.133 billion a week ago.

    The official foreign exchange reserves of the SBP increased by $38 million to $13.016 billion by week ended March 05, 2021 as compared with $12.978 billion a week ago.

    The foreign exchange held by commercial bank, however, fell by $13 million to $7.142 billion by week ended March 05, 2021 as compared with $7.155 billion a week ago.