{"id":27690,"date":"2024-02-29T21:26:57","date_gmt":"2024-02-29T16:26:57","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=27690"},"modified":"2024-02-29T21:26:57","modified_gmt":"2024-02-29T16:26:57","slug":"sbp-reports-decrease-in-foreign-exchange-reserves","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/sbp-reports-decrease-in-foreign-exchange-reserves\/","title":{"rendered":"SBP Reports Decrease in Foreign Exchange Reserves"},"content":{"rendered":"<p>Islamabad: The State Bank of Pakistan (SBP) has reported a decrease in the country&#8217;s foreign exchange reserves. According to the weekly report issued by the State Bank, there has been a decrease of $6.32 million in the reserves during the past week.<\/p>\n<p>As per the details provided in the report, the government&#8217;s foreign exchange reserves witnessed a decline of $6.32 million during the previous week, bringing the total value of the reserves to $7.94 billion as of February 23.<\/p>\n<p>Furthermore, the State Bank&#8217;s report indicates that there has been an increase of $390,000 in the reserves of commercial banks. Commercial banks now hold reserves worth $5.889 billion, contributing to the overall national reserves which stand at $13.385 billion.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/how-sbp-holds-draw-of-rs1500-prize-bond-check-video.html\">How SBP holds draw of Rs1,500 prize bond; Check Video<\/a><\/strong><\/em><\/p>\n<p>This decrease in foreign exchange reserves highlights the ongoing challenges faced by the country&#8217;s economy and calls for measures to stabilize and strengthen the reserves for ensuring economic stability and resilience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The State Bank of Pakistan (SBP) has reported a decrease in the country&#8217;s foreign exchange reserves. According to the weekly report issued by the State Bank, there has been a decrease of $6.32 million in the reserves during the past week. As per the details provided in the report, the government&#8217;s foreign exchange reserves [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":27691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7736,572,599,12683],"class_list":["post-27690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-foreign-exchange-reserves","tag-sbp","tag-state-bank-of-pakistan","tag-pakistan-foreign-reserves"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/27690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=27690"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/27690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/27691"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=27690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=27690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=27690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}