SBP Foreign Reserves Surge to $14.51 Billion by June 30, 2025

Over the course of FY 2025, SBP’s FX reserves

recorded a remarkable rise of US$ 5.12 billion

up from US$ 9.39 billion on June 30, 2024

Business Reporter

Karachi: The State Bank of Pakistan (SBP) has reported a strong year-end performance, with foreign exchange reserves rising to $14.51 billion as of June 30, 2025. This marks a notable increase of $5.12 billion compared to $9.39 billion recorded at the end of the previous fiscal year.

According to provisional data, this surge in SBP-held reserves reflects a significant improvement in Pakistan’s current account balance, along with the successful realization of planned inflows during FY2024–25. The central bank noted that the steady growth was driven by enhanced exports, higher remittances, and external support under ongoing financial arrangements.

During the year, the SBP also navigated several external debt repayments, yet managed to maintain a stable reserve buildup through disciplined monetary management and inflow coordination. Analysts say the improved reserves offer critical support for Pakistan’s import cover, stabilize the exchange rate, and enhance investor confidence.

The total liquid foreign reserves of the country—including those held by commercial banks—were reported at $14.40 billion by mid-June, with the SBP’s share accounting for the bulk of the increase.

With this performance, Pakistan moves closer to long-term macroeconomic stability and meets key targets set under international financial agreements.