Tag: Foreign Exchange Reserves

  • Forex exchange reserves fall to $16.19 billion on sovereign bond repayment

    Forex exchange reserves fall to $16.19 billion on sovereign bond repayment

    KARACHI: The foreign exchange reserves of the country fell by $1.03 billion during a week owing to huge repayment made against Pakistan Sovereign Bond.

    The total foreign exchange reserves of the country fell to $16.196 billon by week ended April 12, 2019 as against the reserves level of $17.228 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The central bank said that during the week ending April 12, 2019, SBP’s reserves decreased by US$1,028 million to US$9,243.7 million.

    The official reserves of the central bank were decreased due to payments on account of external debt servicing, including principal repayment of US$1,000 million against Pakistan Sovereign Bond.

    The reserves held by commercial banks were flat at $6.952 billion from previous week’s level of $6.956 billion.

  • forex reserves deplete by $169m to $17.228bn

    forex reserves deplete by $169m to $17.228bn

    Karachi – The foreign exchange reserves of Pakistan experienced a decline of $169 million, reaching $17.228 billion for the week ended April 5, 2019, according to the State Bank of Pakistan (SBP).

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  • Pakistan’s foreign exchange reserves increase to $17.397 billion

    Pakistan’s foreign exchange reserves increase to $17.397 billion

    KARACHI: The foreign exchange reserves of the country increased by $1.924 billion to $17.397 billion by week ended March 29, 2019 as against $15.473 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by State Bank increased by $1.931 billion to $10.492 billion by week ended under review as compared with $8.561 billion by week ended March 22, 2019.

    The SBP said that during the week ending March 29, 2019, the central bank received inflow of RMB 15 billion equivalent to US$2.2 billion as proceeds of the loan obtained by the government of Pakistan from China. After taking into account outflows relating to external debt and other official payments, SBP reserves increased by US$1,931 million during the week.

    The reserves held by commercial banks, however, declined by $9 million to $6.904 billion from previous week’s level of $6.913 billion.

  • Foreign exchange reserves increase to $17.58bn

    Foreign exchange reserves increase to $17.58bn

    KARACHI: The total liquid foreign exchange reserves of the country have increased to $17.58 billion by March 25, 2019, State Bank of Pakistan (SBP) said on Thursday.

    The central bank received RMB 15 billion equivalent to US$2.2 billion on March 25 as proceeds of the loan obtained by the government of Pakistan from China.

    Accordingly, foreign exchange reserves held by the SBP stood at US$10.67 billion and total foreign exchange reserves of the country stood at US$17.58 billion.

  • Pakistan’s forex reserves increase to $15.71 billion

    Pakistan’s forex reserves increase to $15.71 billion

    KARACHI: Pakistan’s foreign exchange reserves have increased by $743 million to $15.709 billion with inflows of $1 billion from UAE.

    The total reserves of the country increased to $15.709 billion by week ended March 15, 2019 as against $14.966 billion a week ago, according to data of State Bank of Pakistan (SBP) issued on Thursday.

    During the week ending March 15, 2019, SBP received inflow of $1 billion from UAE as placement of funds.

    After taking into account outflows relating to external debt and other official payments, SBP reserves increased by $716 million during the week, SBP said.

    The official reserves of the central bank increased to $8.838 billion by week ended March 15 from the level of $8.122 billion a week ago.

    Similarly, the foreign exchange reserves held by commercial bank have increased by $27 million to $6.87 billion from previous week’s level of $6.843 billion.

  • Foreign exchange reserves flat at $14.966 billion

    Foreign exchange reserves flat at $14.966 billion

    KARACHI: The foreign exchange reserves were flat at $14.966 billion by week ended March 08, 2019, State Bank of Pakistan (SBP) said on Thursday.

    The foreign exchange reserves of the country increased by $10 million to $14.965 billion as compared with $14.956 billion a week ago.

    The reserves held by SBP also increased by $6 million to $8.122 billion by week under review from $8.116 billion a week ago.

    The reserves held by commercial banks posted $4 million increase to $6.843 billion from previous week’s level of $6.839 billion.

    Pakistan’s foreign exchange reserves increase by $140 million to $14.956 billion

  • Forex reserves increase by $140 million to $14.956 billion

    Forex reserves increase by $140 million to $14.956 billion

    KARACHI: Pakistan’s liquid foreign exchange (forex) reserves witnessed a notable increase during the week ended March 1, 2025, according to data released by the State Bank of Pakistan (SBP) on Thursday. The total forex reserves rose by $140 million, reaching $14.956 billion, compared to $14.816 billion recorded in the previous week.

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  • Forex reserves increase to $14.815 billion

    Forex reserves increase to $14.815 billion

    KARACHI: The total foreign exchange reserves of Pakistan increased by $21 million to $14.815 billion by week ended February 22, 2019 as compared with $14.794 billion a week ago, the State Bank of Pakistan (SBP) said on Thursday.

    The reserves held by SBP, however, declined by $7 million to $8.036 billion as compared with $8.043 billion.

    The reserves held by commercial bank increased by $28 million to $6.779 billion from $6.751 billion.

  • Forex reserves decline by $101 mn to $14.795 bn

    Forex reserves decline by $101 mn to $14.795 bn

    KARACHI: Pakistan’s total foreign exchange reserves declined by $101 million to $14.795 billion by week ended February 15, 2019 as compared with Rs14.895 billion a week ago, State Bank of Pakistan (SBP) said on Thursday.

    During the week ending February 15, 2019, the official reserves of SBP were decreased by $163 million to $8.043 billion from $8.206 billion a week ago, due to external debt servicing and other official payments.

    The reserves held by commercial banks however increased by $62 million to $6.751 billion as compared with $6.689 billion a week ago.

  • Pakistan foreign exchange reserves increase to $14.895 billion

    Pakistan foreign exchange reserves increase to $14.895 billion

    KARACHI — Pakistan’s foreign exchange reserves have witnessed a modest uptick, increasing by $10 million to reach $14.895 billion by the week ending February 08, 2019.

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