Karachi, February 12, 2026 — Pakistan recorded a $36 million rise in total foreign exchange reserves during the week ended February 6, 2026, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. The increase reflects modest improvement in the country’s external sector position amid ongoing efforts to stabilize the economy.
As per SBP figures, total foreign exchange reserves climbed to $21.375 billion, up from $21.339 billion recorded a week earlier. The central bank’s own reserves rose by $21 million, while reserves held by commercial banks increased by $15 million during the same period.
Weekly Foreign Exchange Reserves Position
| Position | As on Feb 6, 2026 | As on Jan 30, 2026 | Difference |
| Total Reserves | $21,375 million | $21,339 million | + $36 million |
| SBP Reserves | $16,178 million | $16,157 million | + $21 million |
| Commercial Banks | $5,197 million | $5,182 million | + $15 million |
For several consecutive weeks, the SBP has focused on maintaining foreign exchange reserves to ensure stability in the external sector, support the local currency, and manage external payment obligations. Analysts note that sustained reserve levels are critical for maintaining investor confidence and cushioning the economy against global financial volatility.
However, economists have emphasized the need for stronger foreign inflows, including exports, remittances, and foreign direct investment (FDI), especially as external debt repayments remain elevated and imports are expected to rise with improving economic activity.
Recently, the SBP projected that Pakistan’s gross domestic product (GDP) growth would reach around 4.5% in the current fiscal year 2025–26, reflecting optimism about economic recovery. With growth picking up, demand for imports is also likely to increase, underscoring the importance of building robust foreign exchange buffers.
Market experts believe that continued fiscal discipline, structural reforms, and export-led growth will be essential to ensure sustainable improvement in Pakistan’s foreign exchange reserves and overall economic stability.