Pakistan’s total liquid foreign exchange reserves increased by $16 million during the week, reaching $26.86 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The central bank reported that its foreign exchange reserves stood at $21.4695 billion following the weekly increase.
Meanwhile, reserves held by commercial banks amounted to $5.3938 billion, according to the latest figures.
Combined holdings of the central bank and commercial banks brought Pakistan’s total liquid foreign exchange reserves to $26.8633 billion.
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Reserves Support External Payments
Foreign exchange reserves play a key role in managing a country’s external financial position. They help meet international payment obligations, support imports and provide a buffer against external financing pressures.
The latest increase provides an update on Pakistan’s reserve position, although sustained improvements depend on foreign currency inflows, external debt payments and other balance-of-payments movements.
