Tag: Foreign Exchange Reserves

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

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

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

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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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

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.

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.

KARACHI: The liquid foreign exchange reserves of Pakistan fell by $288 million to $14.351 billion by week ended June 21 as against $14.639 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves held by the central bank were depleted by $322 million to $7.282 billion as compared with $7.604 billion a week ago.

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 witnessed increase of $35 million to $7.069 billion from previous week’s level of $7.034 billion.

KARACHI: The foreign exchange reserves of the country have declined by $188 million to $14.639 billion by week ended June 14, 2019 as compared with $14.826 billion by June 03, 2019, State Bank of Pakistan (SBP) said on Thursday.

The official reserves of the central bank declined by $203 million to $7.604 billion by week ended June 14, 2019 as compared with $7.807 billion as of June 03, 2019.

The SBP said that the official reserves had been declined due to external debt servicing and other official payments.

The foreign exchange reserves held by commercial banks increased by $15 million to $7.034 billion as compared with previous level of $7.02 billion.

KARACHI: The total foreign exchange reserves of the country have slipped by $63 million to $14.827 billion by week ended June 03, 2019 as compared with $14.89 billion as on May 31, 2019, State Bank of Pakistan (SBP) said on Thursday.

The official foreign exchange reserves of the SBP reduced by $55 million to $7.807 billion by week ended June 03, 2019 as compared with $7.862 billion on May 31, 2019.

The central bank said that its reserves were declined due to payments on account of external debt servicing.

The reserves held by commercial banks also fell by $8 million to $7.019 billion from $7.027 billion.