Tag: Foreign Exchange Reserves

KARACHI: The liquid foreign exchange of the country has increased by $121 million to $19.843 billion by week ended August 28, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $19.722 billion by week ended August 21.2020.

The official foreign exchange reserves of the SBP increased by $72 million to $12.713 billion by week ended August 28, 2020 as compared with $12.641 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks also increased by $49 million to $7.13 billion by week ended August 28, 2020 as compared with $7.081 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country increased by $137 million to $19.655 billion by week ended August 13, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $19.518 billion by week ended August 07, 2020.

The foreign exchange reserves held by the central bank also increased by $139 million to $12.608 billion by week ended August 13, 2020 as compared with $12.469 billion a week ago.

The SBP attributed the increase in reserves to proceeds of $249.4 million from Asian Infrastructure Investment Bank (AIIB). Meanwhile, during the week, SBP also made government external debt repayments of $151.0 million.

The foreign exchange reserves held by commercial banks slightly down by $2 million to $7.047 billion by week ended August 13, 2020 as compared with $7.049 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country have declined by $45 million to $19.518 billion by week ended August 07, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $19.563 billion by week ended July 30, 2020.

The official reserves of the SBP slipped by $73 million to $12.469 billion by week ended August 07, 2020 as compared with $12.542 billion a week ago.

The central bank attributed the decline in foreign exchange reserves to scheduled payment of external debt.

However, the foreign exchange reserves held by commercial banks increased by $28 million to $7.049 billion by week ended August 07, 2020 as compared with $7.021 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country increased by $651 million by week ended July 30, 2020 owing to foreign inflows, State Bank of Pakistan (SBP) said on Thursday.

The total foreign exchange reserves of the country increased by $651 million to $19.563 billion by week ended July 30, 2020 as compared with $18.912 billion a week ago.

The official foreign exchange reserves of the SBP increased by $566 million to $12.542 billion by week ended July 20, 2020 as compared with $11.976 billion a week ago.

The SBP attributed the increase to the inflows from multilateral and bilateral agencies including US$ 505.5 million received from World Bank.

The foreign exchange reserves held by commercial banks registered $85 million increase to $7.021 billion by week ended July 30, 2020 as compared with $6.936 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country eased by $135 million to $18.912 billion by week ended July 23, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $19.047 billion by week ended July 17, 2020.

The foreign exchange reserves held by the central bank also fell by $146 million to $11.975 billion by week ended July 23, 2020 as compared with $12.122 billion a week ago.

The SBP attributed the decline in reserves to government payment for external sector.

The reserves held by commercial banks witnessed meager increase of $12 million to $6.937 billion by week ended July 23 as against $6.925 billion a week ago.

KARACHI: Pakistan’s liquid foreign exchange reserves have increased by $95 million to $19.047 billion by week ended July 17, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $18.952 billion by week ended July 10, 2020.

The official reserves held by the central bank increased by $66 million to $12.121 billion by week ended July 17, 2020 as compared with $12.055 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks improved by $29 million to $6.926 billion from $6.897 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country increased by $163 million to $18.953 billion by week ended July 10, 2020, the State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $18.79 billion by week ended July 03, 2020.

The official reserves of the SBP increased by $13 million to $12.055 billion by week ended July 10, 2020 as against $12.042 billion a week ago.

The reserves held by commercial banks witnessed growth of $150 million to $6.898 billion by week ended July 10, 2020 as against $6.748 billion a week ago.

KARACHI: The liquid foreign exchange of the country increased by $819 million to $18.79 billion by week ended July 03, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $17.971 billion a week ago ended on June 26, 2020.

The official reserves held by the SBP increased by $811 million to $12.042 billion by week ended July 03, 2020 as compared with $11.231 billion a week ago.

The SBP attributed the increase in reserves to proceeds of $1,000 million as GOP loan disbursement from China.

During the week, SBP also made government external debt payments of $ 231.2 million.

The foreign exchange reserves held by commercial bank witnessed nominal growth of $8 million to $6.748 billion by week ended July 03, 2020 as compared with $6.74 billion a week ago.

KARACHI: The foreign exchange reserves of the country increased by $1.24 billion to $17.97 billion by week ended June 26, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $16.73 billion by week ended June 19, 2020.

The official foreign exchange reserves of the SBP increased by $1.27 billion to $11.231 billion by week ended June 26, 2020. The official reserves of the central bank were at $9.961 billion a week ago.

The SBP said that during the week ended June 26, 2020, the central bank received around $2,046 million official inflows, including $737 million from World Bank, $503 million from Asian Development Bank, $500 million from Asian Infrastructure Investment Bank and $300 million as GOP loan disbursement from China.

After incorporating government external debt payments of $ 809 million, SBP reserves increased by $ 1,270 million to $ 11,231 million.

During the current week, SBP has received additional $1,000 million as GOP loan disbursement from China.

These funds will be part of SBP weekly reserves data as of July 03, 2020 to be released on July 09, 2020.

KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) fell by $146 million to $9.961 billion by week ended June 19, 2020, according to weekly data of foreign exchange reserves of the country issued by the SBP on Thursday.

The official reserves of the central bank were at $10.107 billion by week ended June 12, 2020.

The SBP said that during the week ended June 19, 2020, SBP reserves decreased by $146 million to $ 9,961.2 million. This decline is attributed to government external debt payments of $ 244.5 million.

During the current week, SBP has received around $1,725 million, including $725 million from the World Bank, US$500 million from Asian Development Bank and US$500 million from Asian Infrastructure Investment Bank.

These funds will be part of SBP weekly reserves data as of 26-June-2020 to be released on 02-July-2020.

The total foreign exchange reserves of the country fell by $45 million to $16.73 billion by week ended June 19, 2020 as compared with $16.775 billion a week ago.

However, the foreign exchange reserves of commercial banks increased by $101 million to $6.769 billion by week ended June 19, 2020 as compared with $6.668 billion a week ago.