Karachi, October 2, 2025 – The State Bank of Pakistan (SBP) on Thursday announced that the country’s weekly foreign exchange (forex) reserves remained largely unchanged at $19.80 billion.
According to the official statement, Pakistan’s total liquid forex reserves stood at $19.796 billion for the week ending September 26, 2025, compared to $19.793 billion recorded a week earlier. The marginal movement indicates stability in the country’s external account position.
Breaking down the figures, the SBP’s own official reserves increased slightly by $21 million, rising to $14.40 billion by the week’s close, compared to $14.379 billion a week earlier. In contrast, the reserves held by commercial banks showed a decline, falling by $18 million to settle at $5.396 billion from $5.414 billion previously.
Economic observers note that Pakistan is expecting a boost in its forex reserves in the coming weeks, mainly due to the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) review. Following the successful completion of this review, Pakistan is projected to receive around $1 billion in disbursements, which would provide much-needed support to the country’s external financing needs.
The stability in forex reserves is viewed as a positive indicator amid global economic uncertainties. Analysts emphasize that maintaining healthy reserve levels is crucial for ensuring exchange rate stability, meeting import requirements, and strengthening investor confidence in Pakistan’s economy.