Key Takeaways
- State Bank of Pakistan's foreign exchange reserves increased by $16 million to $21.469 billion.
- Total reserves reached $26.863 billion, including $5.393 billion held by commercial banks.
- Inflows from the sale of Eurobonds have maintained a record-high increase in reserves despite a rising trade deficit.
The State Bank of Pakistan (SBP) reported a rise in its foreign exchange reserves by $16 million to $21.469 billion for the week ending on October 9, 2026. This increase brings the total reserves to $26.863 billion, with $5.393 billion held by commercial banks.
The central bank attributed the rise in reserves to inflows from the sale of Eurobonds, which have contributed to a record-high increase in reserves, despite the country facing a rising trade deficit.
The SBP has maintained a steady increase in reserves, with the latest figures reflecting the ongoing positive impact of the Eurobond sales on the country's financial stability.
The central bank's report highlights the importance of foreign exchange reserves in managing the economy, particularly in the face of trade challenges.
The increase in reserves is seen as a positive indicator for the country's financial health, providing a buffer against potential economic shocks.
The SBP continues to monitor the situation closely, ensuring that the country's financial stability is maintained despite the challenges posed by the trade deficit.
