Karachi, August 28, 2025 – Pakistan’s foreign exchange (forex) reserves saw a marginal improvement, rising by $47 million to reach $19.618 billion for the week ending August 22, 2025, according to the State Bank of Pakistan (SBP).
The increase reflects steady external inflows and controlled outflows, providing a slight boost to the country’s financial stability.
A week earlier, on August 15, 2025, the nation’s forex reserves stood at $19.571 billion. The latest figures indicate that both the SBP and commercial banks contributed to this incremental rise.
The official forex reserves held by the SBP increased by $18 million, reaching $14.274 billion compared to $14.256 billion in the previous week. Similarly, commercial banks reported a $27 million rise in their holdings, bringing their total reserves to $5.344 billion, up from $5.315 billion a week earlier.
Analysts believe this modest upward trend in forex reserves may gain further momentum in the coming weeks. Pakistan is anticipating additional inflows from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF), which is expected to provide a cushion for external debt repayments and support exchange rate stability.
On an annual basis, Pakistan’s forex reserves have shown notable progress, increasing to $19.269 billion in fiscal year 2024–25, compared to $13.995 billion in the preceding year. Economists stress that sustaining and further strengthening reserves will depend on export growth, remittance inflows, and disciplined external account management.