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اردو

Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Business & Finance Print 2024-05-10

SBP’s reserves up $1.114bn to $9.120bn

Recorder Report Published May 10, 2024

KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.114 billion during the week ended May 3, 2024 to $ 9.120 billion after almost two years, mainly due to receipt of $1.1 billion from the IMF as final tranche under SBA programme.

According to the SBP data released on Thursday, the total liquid foreign reserves held by the country stood at $14.458 billion as of 3 May 2024.

SBP-held foreign exchange reserves increase $25mn, now stand at $8bn

Net foreign exchange reserves held by commercial banks stood at $5.338 billion during the week ended on May 03, 2024.

IMF SBP foreign exchange reserves SBP reserves IMF and Pakistan

Comments

Comments are closed.

Amran Arshad May 10, 2024 07:45am

Its all borrowed...devise a plan to have real Change like monetary policy shd b around 10%max as inflation has nothing to do with our economy as it s more a developed nation inflation and real estate shd b taxed but within market fundamentals

Recommended (0)

J De May 10, 2024 03:40pm

@Amran Arshad, It's a difficult scenario with raging inflation and interest payments of borrowed money across globe

Recommended (0)

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

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S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

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Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

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786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
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786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
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Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
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