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اردو

Dec 22, 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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

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S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
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