Karachi, September 25, 2025 – The State Bank of Pakistan (SBP) has reported an increase in the country’s foreign exchange (forex) reserves, providing a much-needed boost to economic sentiment.
According to the central bank, the overall reserves rose by $57 million during the week ended September 19, 2025, reflecting gradual stability in external accounts.
The SBP stated that the total forex reserves of Pakistan reached $19.793 billion, compared with $19.736 billion recorded a week earlier on September 12, 2025. Of this amount, the official reserves held by the central bank climbed by $22 million, standing at $14.379 billion against $14.357 billion in the previous week.
Meanwhile, commercial banks also contributed to the rise, as their combined forex reserves increased by $35 million to $5.414 billion, compared with $5.379 billion a week earlier. Analysts suggest this upward trend, though modest, reflects better foreign inflows and reduced external outflows in recent days.
Economists further highlighted that Pakistan’s reserves position could strengthen significantly in the coming weeks. The country is expecting inflows of nearly $1 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF), subject to a successful program review. Improved forex reserves not only enhance Pakistan’s capacity to meet external debt obligations but also play a key role in stabilizing the rupee against major currencies.