Tag: Foreign Exchange Reserves

KARACHI: Pakistan’s foreign exchange reserves have declined to $17.48 billion by week ended April 01, 2022, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country fell by $1077 million to $17.477 billion by week ended April 01, 2022 as compared with $18.554 billion a week ago i.e. March 25, 2022.

The official reserves of the SBP fell by $728 million to $11.319 billion by week ended April 01, 2022 as compared with $12.047 billion a week ago.

The central bank said that decline in reserves to debt repayment and government payment pertaining to settlement of an arbitration award related to a mining project.

The foreign exchange reserves held by commercial banks also recorded a decline of $349 million to $6.158 billion by week ended April 01, 2022 from $6.507 billion a week ago.

READ MORE: Pakistan’s weekly forex reserves deplete by $2.88 billion

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.

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.

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.

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.