Foreign exchange: SBP’s reserves amount to $16.82b
SBP’s liquid foreign exchange reserves increased $4m to $16,820m compared to $16,816m in the previous week
SBP’s liquid foreign exchange reserves increased $4m to $16,820m compared to $16,816m in the previous week. PHOTO: FILE
KARACHI:
Foreign exchange reserves held by the State Bank of Pakistan (SBP) remained largely flat on a weekly basis on June 17, according to data released by the central bank on Thursday.
SBP’s liquid foreign exchange reserves increased $4 million to $16,820 million compared to $16,816 million in the previous week.
Last week, the SBP had received $370 million from multilateral, bilateral and other official sources, including $107 million received from the World Bank.
Foreign currency: SBP’s reserves increase 1.6% week-on-week
Total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $21,765.8 million while net reserves held by banks amounted to $4,946.2 million. SBP-held foreign exchange reserves had increased 3.1% on a weekly basis on April 1 after the central bank received $978 million during the week from multilateral, bilateral and other official sources.
Published in The Express Tribune, July 1st, 2016.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) remained largely flat on a weekly basis on June 17, according to data released by the central bank on Thursday.
SBP’s liquid foreign exchange reserves increased $4 million to $16,820 million compared to $16,816 million in the previous week.
Last week, the SBP had received $370 million from multilateral, bilateral and other official sources, including $107 million received from the World Bank.
Foreign currency: SBP’s reserves increase 1.6% week-on-week
Total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $21,765.8 million while net reserves held by banks amounted to $4,946.2 million. SBP-held foreign exchange reserves had increased 3.1% on a weekly basis on April 1 after the central bank received $978 million during the week from multilateral, bilateral and other official sources.
Published in The Express Tribune, July 1st, 2016.