Tag: Foreign Exchange Reserves

  • 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.

  • Foreign exchange reserves increase to $20.133 billion

    Foreign exchange reserves increase to $20.133 billion

    KARACHI – The State Bank of Pakistan (SBP) has reported a positive development in the country’s economic indicators as the liquid foreign exchange reserves increased by $91 million to reach $20.133 billion by the week ending February 26, 2021.

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