Tag: Foreign Exchange Reserves

  • SBP’s official reserves fall by $804 million in a week

    SBP’s official reserves fall by $804 million in a week

    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.

  • Foreign exchange reserves increase to $18.906 billion

    Foreign exchange reserves increase to $18.906 billion

    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.

  • Foreign exchange reserves increase by $126 million

    Foreign exchange reserves increase by $126 million

    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.

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  • Pakistan’s foreign exchange reserves flat at $18.743 billion

    Pakistan’s foreign exchange reserves flat at $18.743 billion

    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.

  • Foreign exchange reserves up by $12 million

    Foreign exchange reserves up by $12 million

    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.

  • Pakistan’s forex reserves increase by $91 million

    Pakistan’s forex reserves increase by $91 million

    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.

  • Pakistan’s forex reserves increase to $18.644 billion

    Pakistan’s forex reserves increase to $18.644 billion

    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.

  • Foreign exchange reserves up by $91 million

    Foreign exchange reserves up by $91 million

    KARACHI: The liquid foreign exchange reserves of the country increased by $91 million to $18.362 billion by week ended January 24, 2020, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country were at Rs18.271 billion a week ago.

    The reserves held by the central bank increased by $184 million to $11.915 billion by week ended January 24, 2020 from $11.731 billion a week ago.

    The reserves held by commercial banks fell by $93 million to $6.447 billion from $6.538 billion.

  • Foreign exchange reserves increase to $18.271 billion

    Foreign exchange reserves increase to $18.271 billion

    Pakistan’s liquid foreign exchange reserves saw a notable increase of $148 million, reaching a total of $18.271 billion by the week ending January 17, 2020, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.

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  • Foreign exchange reserves increase to $18.123 billion

    Foreign exchange reserves increase to $18.123 billion

    KARACHI: The foreign exchange reserves of the country have increased by $39 million to $18.123 billion by week ended January 10, 2020 as compared with $18.084 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by the central bank increased by $83 million to $11.586 billion by week ended January 10, 2020 as against $11.503 billion a week ago.

    The reserves held by commercial banks fell by $44 million to $6.537 billion as against $6.581 billion on weekly basis.