Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

French, Pakistani mountaineers pioneer new Golden Peak route

July 3, 2025

CoreWeave says it’s the first to get Nvidia’s Blackwell Ultra

July 3, 2025

Essence Fest leads a summer of events for Black entrepreneurs

July 3, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Forex reserves close FY25 at $14.51b
Pakistan

Forex reserves close FY25 at $14.51b

i2wtcBy i2wtcJuly 3, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Listen to article

KARACHI:

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) stood at $14.51 billion by the end of FY25, marking an increase of $5.12 billion from $9.39 billion a year earlier, according to provisional data released by the central bank on Wednesday.

The reserves amounted to $9.39 billion on June 30, 2024, indicating a year-on-year rise of 54.5%.

“This reflects a noticeable improvement in the country’s current account balance and realisation of planned inflows during the year,” the SBP noted.

In a volatile fiscal year, the central bank reserves had fluctuated sharply due to debt repayments and scheduled inflows. For instance, by April 25, 2025, the SBP’s reserves had inched up $9 million week-on-week to $10.21 billion.

As of June 20, 2025, the total liquid foreign reserves of the country were reported at $14.40 billion. Of this, the SBP held $9.06 billion while net reserves of commercial banks stood at $5.33 billion.

The sharp fall in SBP’s reserves during the week ended June 20 – a decline of $2.66 billion – was attributed to external debt repayments, particularly commercial borrowings by the government. However, these outflows were offset in the following week by substantial inflows. According to the SBP, the central bank received $3.1 billion in government commercial loans and over $500 million from multilateral institutions during the last week of June.

Meanwhile, gold prices in Pakistan edged lower on Wednesday, despite international bullion rates holding steady as investors awaited crucial US economic data. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola fell Rs600, settling at Rs356,200. Similarly, the price of 10-gram gold dropped Rs514 to Rs305,384.

This comes a day after gold prices surged Rs6,600 per tola on Tuesday, driven by bullish momentum in global markets.

Interactive Commodities Director Adnan Agar noted that gold was trading within a tight band on Wednesday. “Gold is range bound between $3,351 and $3,327, currently at $3,340. The upcoming US employment data is critical – if it supports gold, prices may move towards $3,400; if not, we could see a dip to $3,300, possibly even lower,” he said.

Agar added that trading volumes may also be influenced by upcoming US bank holidays on Thursday and Friday, which would lead to early market closures and potentially limited liquidity. In the inter-bank currency market, the Pakistani rupee depreciated 19 paisa against the US dollar, closing at 283.95, compared to 283.76 on June 30, 2025. This marks a 0.07% weakening of the local currency, according to data released by the State Bank of Pakistan (SBP). The SBP on Wednesday injected Rs1.163 trillion through Open Market Operations (OMOs), including both conventional and Shariah-compliant instruments, to support short-term market liquidity.

Under the conventional OMO, the SBP injected Rs805.15 billion and through Shariah-compliant Mudarabah-based OMO, it poured Rs358 billion.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Pakistan

French, Pakistani mountaineers pioneer new Golden Peak route

July 3, 2025
Pakistan

PM reaffirms Pakistan’s pledge to eliminate polio

July 3, 2025
Pakistan

Imran involved in May 9 conspiracy, rules LHC

July 3, 2025
Pakistan

PML-N emerges biggest beneficiary of CB ruling

July 3, 2025
Pakistan

Broken justice system fuels corruption and elitism: SC

July 3, 2025
Pakistan

Israel kills over 139, injures 487 in Gaza today

July 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

French, Pakistani mountaineers pioneer new Golden Peak route

July 3, 2025

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

French, Pakistani mountaineers pioneer new Golden Peak route

July 3, 2025

CoreWeave says it’s the first to get Nvidia’s Blackwell Ultra

July 3, 2025

Essence Fest leads a summer of events for Black entrepreneurs

July 3, 2025
Most Popular

Strengthening ties with Iran, China and Central Asian countries

July 4, 2024

Tesla cars reportedly available for purchase by Chinese government

July 5, 2024

China’s Dongting Lake dike repair work expected to take four days as southwestern region braces for heavy rains

July 7, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.