Pakistan’s total liquid foreign reserves stood at $26.75 billion as of October 23, 2026, while commercial banks held $5.233 billion in net foreign reserves.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $33 million to $21.522 billion during the week ended October 23, 2026, the central bank said on Thursday.
According to the latest SBP data, the country’s total liquid foreign reserves stood at $26.75 billion as of October 23, compared with $26.797 billion in the preceding week, reflecting a weekly decline of $47 million.
The central bank reported that net foreign reserves held by commercial banks amounted to $5.233 billion during the week under review.
“During the week ended on 23-Oct-2026, SBP’s FX reserves increased by US$33 million to US$21,521.7 million,” the central bank said.
The increase follows a similar upward movement in the previous week, when SBP-held foreign exchange reserves rose by $19 million to $21.49 billion during the week ended October 16, 2026.
The latest figures indicate that the central bank’s reserves continued to increase for a second consecutive week, although the country’s overall liquid foreign reserves declined compared with the previous reporting period.
Foreign exchange reserves are an important indicator of a country’s external financial position. They help the central bank meet international payment obligations, support confidence in the domestic currency and provide a buffer against external economic shocks.
Pakistan’s reserve position is closely monitored by investors, policymakers and financial markets because it influences the country’s ability to finance imports and meet external debt repayments.
The weekly movement in reserves reflects changes in the central bank’s foreign currency holdings, while commercial banks’ reserves contribute to the country’s overall liquid foreign exchange position.
The SBP regularly releases weekly data on its foreign exchange reserves and those held by commercial banks, providing an update on the country’s external liquidity.