Tag: Foreign Exchange Reserves

  • Pakistan’s forex reserves increase by $132 million

    Pakistan’s forex reserves increase by $132 million

    KARACHI: The liquid foreign exchange reserves of the country have increased by $132 million to $15.751 billion by week ended September 06, 2019, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by SBP increased by $182 million to $8.462 billion by week ended September 06, 2019 as compared with $8.28 billion a week ago. The SBP attributed the increase to official inflows during the week.

    The reserves held by commercial banks, however, declined by $50 million to $7.289 billion as compared with $7.339 billion a week ago.

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    Foreign exchange reserves flat at $15.619 billion

  • Foreign exchange reserves flat at $15.619 billion

    Foreign exchange reserves flat at $15.619 billion

    KARACHI – The State Bank of Pakistan (SBP) reported a marginal shift in the country’s liquid foreign exchange reserves, indicating stability in the economic landscape.

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  • Foreign exchange reserves increase by $25 million to $15.63 billion

    Foreign exchange reserves increase by $25 million to $15.63 billion

    Karachi – The State Bank of Pakistan (SBP) has reported an increase of $25 million in the country’s liquid foreign exchange reserves, bringing the total to $15.63 billion for the week ending August 23, 2019.

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  • Foreign exchange reserves increase by $27 million to $15.604 billion

    Foreign exchange reserves increase by $27 million to $15.604 billion

    KARACHI: The liquid foreign exchange reserves of the country have increased by $27 million to $15.604 billion by week ended August 17, 2019 as compared with $15.577 billion a week ago, State Bank of Pakistan (SBP) on Thursday.

    The official reserves held by SBP fell by $26 million to $8.238 billion by week ended August 17, 2019 as compared with $8.264 billion week ago.

    The central bank said that its official reserves were declined due to external debt servicing and other official payments.

    The foreign exchange reserves held by commercial banks have increased by $53 million to $7.366 billion from $7.313 billion.

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    Foreign exchange reserves increase by $557 million to $15.577 billion

  • Foreign exchange reserves increase by $557 million to $15.577 billion

    Foreign exchange reserves increase by $557 million to $15.577 billion

    KARACHI: The foreign exchange reserves of the country have increased by $557 million to $15.577 billion by week ended August 09, 2019 as compared with $15.02 billion a week ago, State Bank of Pakistan (SBP) said on Saturday.

    The foreign exchange reserves held by the central bank were increased by $535 million to $8.264 billion by August 09 as compared with $7.729 billion a week ago.

    The increase in central bank’s reserves is mainly due to inflow of $500 million received from Asian Development Bank (ADB), the SBP said.

    The reserves held by commercial banks also increased by $22 million to $7.313 billion as compared with $7.291 billion.

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    Foreign exchange reserves fall by $41 million to $15.02 billion

  • Foreign exchange reserves fall by $41 million to $15.02 billion

    Foreign exchange reserves fall by $41 million to $15.02 billion

    KARACHI: The liquid foreign exchange reserves of the country fell by $41 million to $15.02 billion by week ended August 02, 2019 as compared with $15.061 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves held by the SBP fell by $38 million to $7.729 billion by week ended under review as compared with $7.767 billion by week ended July 26, 2019.

    The SBP said that its official reserves were declined due to external debt servicing and other official payments.

    The foreign exchange reserves held by commercial banks were flat at $7.291 billion by week ended August 02, 2019 as compared with $7.294 billion a week ago.

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    Foreign exchange reserves increase to $15.062 billion

  • Foreign exchange reserves increase to $15.062 billion

    Foreign exchange reserves increase to $15.062 billion

    The State Bank of Pakistan (SBP) has reported a significant boost in the country’s liquid foreign exchange reserves, which surged by $200 million to reach $15.062 billion as of the week ending July 26, 2024. This increase marks a notable improvement from the $14.862 billion recorded the previous week.

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  • Foreign exchange reserves down by $387 million to $14.486 billion

    Foreign exchange reserves down by $387 million to $14.486 billion

    KARACHI: The liquid foreign exchange reserves of the country have declined by $387 million to $14.486 billion by week ended July 19, 2019 as compared with $15.249 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by the central bank fell by$389 million to $7.612 billion by week ended July 19, 2019 as compared with $8.001 billion a week ago. The central bank said that its reserves were reduced due to external debt servicing and other official payments.

    The reserves held by commercial banks were flat at $7.250 billion as compared with $7.248 billion.

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    Foreign exchange reserves increase to $15.249 billion

  • Foreign exchange reserves increase to $15.249 billion

    Foreign exchange reserves increase to $15.249 billion

    KARACHI: The total liquid foreign exchange reserves of the country increased by $990 million to $15.249 billion by week ended July 12, 2019 as compared with $14.259 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The official reserves of the SBP increased by $918 million to $8 billion during the week under review as compared with $7.083 billion in the preceding week. The central bank said that the official reserves were increased due to inflows of $991.4 million from International Monetary Fund (IMF) as first tranche of $6 billion extended fund facility for Pakistan.

    The reserves held by commercial banks also increased by $73 million to $7.248 billion by week under review as compared with $7.175 billion in the preceding week.

  • Pakistan’s foreign exchange reserves increase to $14.443 billion

    Pakistan’s foreign exchange reserves increase to $14.443 billion

    KARACHI: The total foreign exchange reserves of Pakistan increased by $92 million to $14.443 billion by week ended June 28, 2019 as compared with $14.351 billion in the previous week, the State Bank of Pakistan (SBP) said on Thursday.

    The SBP said that during the week ending June 28, 2019, it received inflow of $500 million from Qatar as placement of funds. After taking into account outflows relating to external debt and other official payments, SBP reserves decreased by $9 million during the week, it added.

    The reserves held by commercial banks increased by $101 million to $7.17 billion as compared with $7.069 billion.