Tag: Foreign Exchange Reserves

  • Pakistan’s foreign exchange reserves increase to $25.128 billion

    Pakistan’s foreign exchange reserves increase to $25.128 billion

    KARACHI: Pakistan’s foreign exchange reserves have increased to $25.128 billion by week ended July 16, 2021.

    The State Bank of Pakistan (SBP) on Friday said the weekly reserves have increased by $816 million.

    The country’s foreign exchange reserves were at $24.312 billion a week ago.

    The official reserves of the SBP increased by $845 million to $18.051 billion by week ended July 16, 2021. During the week the SBP received proceeds of $1.041 billion against Pakistan Euro Bonds. The official reserves were at $17.206 billion a week ago.

    The reserves held by commercial banks fell by $29 million to $7.077 billion by week ended July 16, 2021. The commercial banks had foreign exchange reserves of $7.106 billion by week ended July 9, 2021.

  • Foreign exchange reserves decline by $102 million

    Foreign exchange reserves decline by $102 million

    KARACHI: The foreign exchange reserves of the country have declined by $102 million for the week ended on July 09, 2021, State Bank of Pakistan (SBP) said on Thursday.

    The country’s foreign exchange reserves fell to $24.311 billion by the week ended July 09, 2021 as compared with $24.415 billion by week ended July 02, 2021.

    The foreign exchange reserves of the SBP came down by $26 million to $17.205 billion by week ended July 09, 2021 as compared with $17.231 billion a week ago.

    The foreign exchange reserves held by commercial banks fell by $78 million to $7.106 billion by week ended July 09, 2021 as compared with $7.184 billion a week ago.

  • Pakistan receives $1 billion loan from China; forex reserves rise to $24.415 billion

    Pakistan receives $1 billion loan from China; forex reserves rise to $24.415 billion

    KARACHI: Pakistan has received $1 billion as loan from China which helped the total foreign exchange reserves of the country rose to $24.415 billion by week ended July 02, 2021.

    Pakistan also received an amount of $440 million loan from the World Bank during the week, the State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at $23.297 billion by the week ended June 25, 2021.

    The foreign exchange reserves of the State Bank increased by $1.112 billion to $17.231 billion by the week ended July 02, 2021 as compared with $16.119 billion a week ago.

    The foreign exchange reserves held by the commercial banks witnessed an increase of $6 million to $7.184 billion by the week ended July 02, 2021 as compared with $7.178 billion a week ago.

  • Country’s foreign exchange reserves increase by $278mn to $23.294bn

    Country’s foreign exchange reserves increase by $278mn to $23.294bn

    The State Bank of Pakistan (SBP) announced on Thursday that the country’s liquid foreign exchange reserves witnessed a significant boost, soaring by $278 million to reach $23.294 billion by the week ending May 28, 2021.

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  • 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.

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