Tag: Foreign Exchange Reserves

KARACHI: The official reserves of State Bank of Pakistan (SBP) have reduced by $85 million to $10.889 billion by week ended April 17, 2020, the central bank said on Thursday.

The SBP attributed this decline to government external debt payments of $145 million.

The SBP said that on April 20, 2020, it received $1.39 billion from International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI) to address the economic impact of the Covid-19 shock.

These funds will be part of SBP weekly reserves data as of 24-April-2020, to be released on 30-April-2020.

The total liquid foreign reserves held by the country stood at $17.300 million on April 17, 2020. The reserves held by commercial banks were at Rs6.41 billion.

KARACHI: Pakistan’s foreign exchange reserves have increased by $307 million to $17.295 billion by week ended April 10, 2020.

A week ago the foreign exchange reserves were at $16.988 billion, the State Bank of Pakistan (SBP) said on Thursday.

The officials foreign exchange reserves of the central bank increased by $252 million to $10.974 billion by week ended April 10, 2020 as compared with $10.722 billion a week ago.

Similarly, the foreign exchange reserves held by commercial banks increased by $55 million to $6.321 billion by week ended April 10, 2020 as compared with $6.266 billion a week ago.

KARACHI: The State Bank of Pakistan (SBP) reported a significant drop in the official foreign exchange reserves by $399 million for the week ending April 3, 2020.

KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) have decreased by $804 million during one week due to external debt payment.

The SBP on Thursday said that during the week ended March 27, 2020 its reserves fell by $840 million to $11.185 billion from $11.989 billion a week ago.

“This decline is attributed primarily to government external debt payments that amounted to $441 million and other official payments,” the SBP said.

The total liquid foreign reserves of the country fell by $718 million to $17.387 billion on March 27, 2020 as compared with $18.105 billion a week ago.

The reserves held by the commercial banks however increased by $86 million to $6.202 billion by week ended March 27, 2020 as compared with $6.116 billion a week ago.

KARACHI: The foreign exchange reserves of the country increased by $37 million to $18.906 billion by week ended March 06, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $18.869 billion a week ago.

The official reserves of the central bank increased to $12.789 billion by week ended March 06 from previous week‘s level of $12.757 billion.

The reserves held by commercial banks was at $6.115 billion as against $6.111 billion by week ended February 28, 2020.

KARACHI: February 28, 2020 – Pakistan’s total liquid foreign exchange reserves posted a notable increase of $126 million during the week ended February 28, 2020, according to data released by the State Bank of Pakistan (SBP) on Thursday.

KARACHI: Pakistan’s liquid foreign exchange reserves were flat at $18.743 billion by week ended February 21, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $18.747 billion by week ended on February 14, 2020.

The official reserves of the central bank increased by $87 million to $12.592 billion by week ended February 21, 2020 as compared with $12.505 billion a week ago.

However, reserves held by commercial banks fell by $91 million to $6.151 billion by week ended February 21, 2020 as compared with $6.242 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country increased by $12 million to $18.747 billion by week ended February 14, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $18.735 billion by week ended February 7, 2020.

The official foreign exchange reserves of the SBP increased by $74 million to $12.505 billion by week ended February 14, 2020 as against $12.431 billion a week ago.

The foreign exchange reserves held by commercial banks however fell by $62 million to $6.242 billion by week ended February 14, 2020 as against $6.304 billion a week ago.

KARACHI: Pakistan’s liquid foreign exchange reserves have increased by $91 million to $18.735 billion by week ended February 07, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $18.644 billion by week ended January 31, 2020.

The foreign exchange reserves of the central bank increased by $157 million to $12.431 billion by week ended February 07, 2020 as compared with $12.274 billion a week ago.

However, the foreign exchange reserves held by commercial banks fell by $66 million to $6.304 billion by week ended February 07, 2020 as compared with $6.37 billion a week ago.

KARACHI: Pakistan’s liquid foreign exchange reserves increased by $282 million on a weekly basis to $18.644 billion by week ended January 31, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $18.362 billion a week ago on January 24, 2020.

The official reserves of SBP increased by $359 million to $12.274 billion by week ended January 31, 2020 as compared with $11.915 billion a week ago.

The reserves held by commercial banks witnessed decline by $76 million to $6.37 billion as compared with $6.447 billion a week ago.