Tag: Foreign Exchange Reserves

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.

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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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.

KARACHI: The liquid foreign exchange reserves of the country was flat at $18.084 billion by week ended January 03, 2020 as compared with $18.081 billion a week ago, the State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves held by the central bank increased by $14.3 million to $11.503 billion by week ended January 03, 2020 as compared with $11.489 billion by week ended December 27, 2019.

The reserves held by commercial banks however declined by $10.9 million to$6.581 billion by week ended January 03, 2020 as compared with $6.592 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country increased by $486 million to $18.081 by week ended December 27, 2019 as compared with $17.595 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves held by the central bank increased by $582 million to $11.489 billion by week ended December 27, 2019 as compared with $10.907 billion a week ago.

The SBP attributed the increase to bilateral and multilateral inflows including proceeds of US$ 452.4 million received from IMF under EFF program.

The foreign exchange reserves held by commercial banks however declined by $95 million to $6.592 billion by week ended December 27, 2019 as compared with $6.687 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country slipped by $60 million to $17.595 billion by week ended December 20, 2019, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $17.655 billion by week ended December 13, 2019.

The foreign exchange reserves held by the SBP increased by $15 million to $10.907 billion by week ended December 20, 2019 as compared with $10.892 billion a week ago.

The SBP said that on December 23, 2019, it received $452.4 million from International Monetary Fund (IMF) as second tranche under EFF program.

These funds will be part of SBP weekly reserves data as of December 27, 2019, to be released on January 02, 2020.

The foreign exchange reserves held by commercial banks fell by $75 million to $6.688 billion as against $6.763 billion a week ago.

KARACHI: The liquid foreign exchange reserves of the country have increased by $1.607 billion, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves increased to $17.655 billion by week ended on December 13, 2019 as compared with $16.048 billion a week ago.

The foreign exchange reserves of the central bank increased $1.659 billion to $10.892 billion by week ended December 13, 2019 as compared with $9.233 billion a week ago.

The reserves held by the commercial banks declined nominally to $6.762 billion by December 13, 2019 as compared with $6.814 billion a week ago.

KARACHI: The foreign exchange reserves of the country have increased by $55 million by the week ended December 06, 2019 despite repayment of $1 billion against International Sukuk.

The foreign exchange reserves of the country increased by $55 million to $16.048 billion by week ended December 06, 2019 as compared with $15.993 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

During the week ending December 06, 2019, SBP made a repayment of Pakistan International Sukuk of $1,000 million.

After accounting for multilateral and other official inflows during the week, SBP reserves increased by US$121 million to US$9.233 billion. The SBP’s foreign exchange reserves were $9.113 billion a week ago.

The SBP said that on 09-December-2019 it received US$1.3 billion from Asian Development Bank. These funds will be part of the SBP weekly reserves data as of 13-December-2019, to be released on 19-December-2019.

The reserves held by commercial bank decline by $65.8 million to $6.814 billion by week ended December 06, 2019 as compared with $6.88 billion a week ago.

KARACHI: The liquid foreign exchange reserves of Pakistan increased by $416 million to $15.993 billion by week ended November 29, 2019, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $15.577 billion a week ago.

The reserves held by the central bank grew by $431 million to $9.113 billion as compared with $8.682 billion a week ago.

The central bank said that during this fiscal year SBP reserves have increased by $1.8 billion.

The FX swaps / forward liabilities have reduced by $1.95 billion between June-October 2019.

Increase in the liquid SBP reserves and the reduction of the swaps / forward liabilities reflects the build-up of FX buffers, the SBP said.

The reserves held by commercial banks, however, reduced by $15 million to $6.88 billion by week ended November 29, 2019 as compared with $6.895 billion a week ago.

KARACHI: The liquid foreign exchange of the country increased by $115 million by the week ended November 22, 2019, the State Bank of Pakistan (SBP) said on Thursday.

The total foreign exchange reserves increased by $115 million to $15.577 billion by week ended November 22, 2019 as compared with $15.462 billion a week ago.

The foreign exchange reserves held by the central bank increased by $240 million to $8.682 billion by week ended under review as compared with $8.442 billion a week ago.

The foreign exchange reserves held by commercial banks fell by $125 million to $6.895 billion by week ended November 22, 2019 as compared with $7.020 billion a week ago.