foreign exchange

SBP Reserves Edge Up to $17.22 Billion as Pakistan’s Forex Holdings Increase

Finance

Pakistan’s total liquid foreign exchange reserves climb to $22.74 billion, supported by gains in both central bank and commercial bank holdings.

Pakistan’s foreign exchange reserves recorded a modest increase during the week ended June 12, 2026, according to the latest figures released by the State Bank of Pakistan (SBP) on Thursday.

The central bank’s reserves rose by $6 million on a weekly basis, reaching $17.221 billion compared to $17.215 billion a week earlier.

The latest data showed that the increase in reserves held by the SBP contributed to the overall growth in the country’s liquid foreign exchange reserves.

Although the weekly gain was marginal, it reflected continued stability in Pakistan’s external sector position amid ongoing efforts to strengthen foreign exchange buffers.

Meanwhile, reserves held by commercial banks witnessed a more notable increase during the same period.

Foreign exchange reserves maintained by banks climbed by $64 million, rising from $5.457 billion to $5.521 billion. This represented a weekly growth of 1.2 percent, indicating improved foreign currency holdings within the banking sector.

As a result, Pakistan’s total liquid foreign exchange reserves increased by $70 million during the week under review.

The country’s overall reserves stood at $22.742 billion on June 12, 2026, compared to $22.672 billion recorded a week earlier, reflecting a weekly increase of 0.3 percent.

The data also highlighted a significant improvement in reserve levels compared to the beginning of the fiscal year. Since June 2025, SBP-held reserves have increased by $4.493 billion, while commercial bank reserves have risen by $157 million.

Overall, Pakistan’s total liquid foreign exchange reserves have expanded by $4.651 billion during the fiscal year to date.

On a calendar-year basis, the country’s reserve position has also strengthened. Since December 2025, reserves held by the central bank have grown by $1.306 billion, while commercial bank reserves have increased by $424 million.

Consequently, total foreign exchange reserves have posted a cumulative rise of $1.73 billion during the current calendar year.

The latest figures underscore the continued improvement in Pakistan’s external account position and provide support for financial stability as the country works to maintain adequate foreign exchange reserves.