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◕ SundialUpdated 2 days ago
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Pakistan

SBP Reports $1.2 Billion Boost in Foreign Exchange Reserves

Pakistan’s foreign exchange reserves increased by $1.2 billion in one week, reaching $23.716 billion.

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SBP Reports .2 Billion Boost in Foreign Exchange Reserves
State Bank of Pakistan officials reviewing financial data

Key Takeaways

  • Pakistan’s foreign exchange reserves increased by $1.2 billion in one week.
  • Total liquid foreign reserves now stand at $23.716 billion.
  • Reserves with the SBP are up to $18.3 billion, while commercial banks hold $5.388 billion.

Pakistan’s foreign exchange reserves saw a significant boost, gaining $1.2 billion during the week ending September 04, 2026, according to the State Bank of Pakistan (SBP).

The total liquid foreign reserves now stand at $23.716 billion, marking an increase of $1.187 billion from the previous week.

The SBP’s reserves have risen to $18.3 billion, while commercial banks hold $5.388 billion, a decrease of $22.5 million from the previous week.

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The current level of reserves provides an import cover of approximately 2.74 months, reflecting a positive trend in the country’s financial health.

This increase in reserves is a positive indicator for the economy, as it enhances the country’s ability to meet its import needs and maintain financial stability.

The SBP continues to monitor and manage the reserves to ensure they remain adequate for the country’s needs.

The rise in reserves is attributed to various factors, including improved trade balances and foreign investment inflows, which contribute to the overall economic stability.

Economists and financial analysts are cautiously optimistic about the current trend, seeing it as a step towards stabilizing the economy and reducing external vulnerabilities.