Tag: Foreign Exchange Reserves

  • Pakistan’s foreign exchange reserves increase by $416 million to $15.993 billion

    Pakistan’s foreign exchange reserves increase by $416 million to $15.993 billion

    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.

  • Foreign exchange reserves increase by $115 million

    Foreign exchange reserves increase by $115 million

    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.

  • Foreign exchange reserves decline by $40 million

    Foreign exchange reserves decline by $40 million

    KARACHI: Pakistan’s liquid foreign exchange reserves have declined by $40 million to $15.462 billion by week ended November 15, 2019 as compared with $15.502 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves held by SBP, however, increased by $45 million to $8.442 billion by week ended November 15, 2019 as compared with $8.397 billion a week ago.

    The reserves held by commercial banks fell by $85 million to $7.020 billion as compared with $7.105 billion a week ago.

  • Pakistan’s foreign exchange reserves fall to $15.5 billion

    Pakistan’s foreign exchange reserves fall to $15.5 billion

    KARACHI: Pakistan’s liquid foreign exchange reserves fell by $16 million to $15.502 billion by week ended November 08, 2019 as compared with $15.518 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves held by State Bank increased by $40 million to $8.397 billion by week ended on November 08, 2019 as compared with $8.357 billion a week ago.

    However, the reserves held by commercial banks fell by $56 million to $7.104 billion as compared with $7.16 billion a week ago.

  • Pakistan’s foreign exchange reserves increase to $15.518 billion

    Pakistan’s foreign exchange reserves increase to $15.518 billion

    KARACHI: The liquid foreign exchange reserves of Pakistan have increased by $428 million to $15.518 billion by week ended November 01, 2019, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves were at $15.089 billion by week ended October 25, 2019.

    The reserves held by SBP increased by $443 million to $8.357 billion by week ended November 01, 2019 as compared with $7.914 billion in the preceding week.

    The reserves held by commercial banks decreased by $15 million to $7.16 billion by week ended November 01, 2019 as compared with $7.715 billion a week ago.

  • Pakistan’s forex weekly reserves decrease

    Pakistan’s forex weekly reserves decrease

    KARACHI: Pakistan’s total liquid foreign exchange reserves decrease by $96 million to $15.089 billion by week ended October 25, 2019 as compared with $15.186 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by the SBP increased by $22 million to $7.914 billion by week ended October 25, 2019 as compared with $7.892 billion a week ago.

    The reserves held by commercial banks, however, fell by 118 million to $7.175 billion by week ended October 25, 2019 as compared with $7.293 billion a week ago.

  • Pakistan’s forex reserves increased by $149.7 million

    Pakistan’s forex reserves increased by $149.7 million

    KARACHI: The total liquid foreign exchange reserves have increased by $149.70 million to $15.142 billion by week ended October 11, 2016 as compared with $14.992 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by the central bank increased $56.10 million to $7.813 billion by week ended October 11, 2019 as compared with $7.757 billion.

    The reserves held by other commercial banks increased by $93.6 million to $7.329 billion as compared with $7.235 billion a week ago.

  • Pakistan’s weekly forex reserves increase by $149.7 million

    Pakistan’s weekly forex reserves increase by $149.7 million

    KARACHI: The total liquid foreign exchange reserves of the country have increased by $149.7 million to $15.142 billion by week ended October 11, 2019 as compared with $14.992 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by State Bank witnessed increase of $56.1 million to $7.813 billion by week ended October 11 as compared with $7.757 billion.

    The reserves held by commercial banks increased by $93.6 million to $7.329 billion as compared with $7.235 billion.

  • Pakistan’s foreign exchange reserves at $14.993 billion

    Pakistan’s foreign exchange reserves at $14.993 billion

    KARACHI: The total liquid foreign exchange reserves of Pakistan declined nominally by $11 million to $14.993 billion by week ended October 04, 2019 as compared with $15.003 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by SBP increased by $16 million to $7.757 billion by week ended October 04, 2019 as compared with $7.771 billion a week ago.

    The foreign exchange reserves held by commercial banks declined by 27 million to $7.235 billion as compared with $7.262 billion a week ago.

  • Pakistan’s foreign exchange reserves fall by $769 million to $15 billion

    Pakistan’s foreign exchange reserves fall by $769 million to $15 billion

    KARACHI: Pakistan’s total foreign exchange reserves declined by $769 million to $15 billion by week ended September 27, 2019, State Bank of Pakistan (SBP) said on Thursday.

    The total foreign exchange reserves of Pakistan declined by $768.9 million to $15.003 billion by week ended September 27, 2019 as compared with $15.772 billion a week ago.

    The official reserves held by the SBP came down by $723.7 million to $7.741 billion by week ended September 27, 2019 as compared with $8.465 billion a week ago.

    The SBP said that its official reserves were declined due to foreign debt repayment.

    The reserves held by commercial banks also fell by $45.2 million to $7.262 billion as compared with $7.307 billion a week ago.

    The foreign exchange reserves hit record high of $23.084 billion on week ended July 01, 2016.