Trends - SBP reserves - Business Recorder

SBP reserves

Ishaq Dar announces receipt of $500 mn from ICBC

Says it will help shore up Pakistan’s forex reserves

Published 17 Mar, 2023 09:07pm

Business & Finance

SBP issues Rs50 coin to mark Pakistan Senate’s golden jubilee

Coin shall be issued through exchange counters of all the field offices of SBP Banking Services Corporation

Published 17 Mar, 2023 04:57pm

Pakistan

Documentation for ICBC’s second $500mn disbursement complete: Dar

Earlier this month, Pakistan’s central bank received $500 million from China’s ICBC, the first of three disbursements that were approved for rollover

Updated 16 Mar, 2023 05:23pm

Business & Finance

Forex reserves increase $556m to $3,814.1m

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $556 million during the last ...

Published 03 Mar, 2023 06:12am

Markets

On back of loan from China, SBP-held foreign exchange reserves increase $556mn, now stand at $3.81bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $556 million to $3.81 billion, data...

Published 02 Mar, 2023 06:35pm

Pakistan

Hikes in interest rate appear to be redundant: business community

In letter to SBP governor, FPCCI questions policy rate efficacy in curbing inflation

Updated 01 Mar, 2023 06:50pm

$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

Business & Finance

Forex reserves move up by $162m

KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ...

Updated 17 Feb, 2023 06:38am

Business & Finance

Up to $5mn smuggled into Afghanistan from Pakistan daily: report

In Bloomberg interview, Zafar Paracha said 'currency is being smuggled without any doubt. This has become quite a lucrative business'

Updated 07 Feb, 2023 06:59pm

Opinion

The crisis was foretold

Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today...

Updated 04 Feb, 2023 07:24am

SBP’s reserves slip to $3bn

KARACHI: The country’s total liquid foreign exchange reserves further fell by $711 million during last week due to...

Updated 03 Feb, 2023 08:54am

Markets

Highly critical: SBP-held foreign exchange reserves plunge $592mn, now stand at mere $3.09bn

Reserves fall due to external debt repayments, says central bank

Updated 02 Feb, 2023 08:28pm

Markets

SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn

Lowest level of central bank reserves since February 2014 when they stood at $3.92bn

Published 12 Jan, 2023 08:32pm

Business & Finance

Dar says foreign exchange held with commercial banks property of citizens

Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks

Updated 12 Jan, 2023 12:22am

Stalled bailout: IMF team to meet Dar in Geneva

ISLAMABAD: A delegation of International Monetary Fund (IMF) will meet Finance Minister Ishaq Dar on the sidelines...

Updated 09 Jan, 2023 08:49am

Pakistan

IMF says its delegation expected to meet Finance Minister Dar on sidelines of Geneva conference

Will discuss outstanding issues and path forward, says IMF spokesperson

Updated 08 Jan, 2023 10:59am

Economic challenges: Dar has failed to provide any roadmap: Tarin

ISLAMABAD: Finance Minister Ishaq Dar’s press conference on 4th January 2023 is an attempt to divert attention away...

Updated 07 Jan, 2023 08:47am

Foreign exchange reserves at almost 9-year low level

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level...

Updated 06 Jan, 2023 09:04am

Opinion

Woeful decline in forex reserves

The State Bank of Pakistan’s foreign exchange reserves have declined below $6 billion as the SBP’s reserves...

Published 31 Dec, 2022 06:32am

Markets

Critical: SBP-held foreign exchange reserves fall another $294mn, now stand at $5.82bn

This is the lowest level of central bank reserves since April 2014, and raises concerns on Pakistan's liquidity position

Updated 29 Dec, 2022 07:19pm

Opinion

Low foreign inflows

The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ...

Published 27 Dec, 2022 06:07am

Markets

Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2023

Central bank schedules 4 meetings of Monetary Policy Committees during six-month period

Published 26 Dec, 2022 05:39pm

Business & Finance

Forex reserves decline $570m

KARACHI: The country’s total liquid foreign reserves fell by $570 million during the last week due to external debt...

Published 23 Dec, 2022 05:54am

Key phrase: ‘structural reforms’

State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy

Updated 22 Dec, 2022 09:52am

Business & Finance

Markets

Pakistan's debt repayment situation completely under control: SBP governor

During SBP's podcast, Jameel Ahmad says all upcoming obligations will be met on schedule, reserves' position to improve in second half of ongoing fiscal year

Updated 08 Dec, 2022 10:59pm

Markets

SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn

SBP attributes decline to payment of $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments
This is the lowest level of SBP's reserves since January 2019

Published 08 Dec, 2022 08:01pm

Opinion

Is default in prospect?

The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of...

Published 05 Dec, 2022 06:13am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 23 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 23 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 23 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 23 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 23 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 23 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 23 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 23 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 23 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 23 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 23 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 23 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 23 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 23 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 23 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 23 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 23 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 23 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 23 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 23 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 23 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

SBP reserves

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