SBP Reserves Up $40 Million, Commercial Banks Nearly Double
The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $39.5 million to $21.6 billion during the week ended October 30, 2026.
According to the central bank, its reserves increased by $39.5 million over the week to $21,561 million. This is the third weekly gain in a row.
Total Liquid Reserves at $26.9 Billion
The country’s total liquid foreign reserves improved by $110.3 million to $26.9 billion as of October 30.
This includes $21.6 billion held by the SBP and $5.3 billion in net reserves held by commercial banks.
Commercial bank reserves were up $70.8 million from $5.233 billion a week earlier.
SBP Targets $25 Billion by June
The latest increase comes weeks after SBP Governor Jameel Ahmed said the central bank expects its reserves to reach $23 billion by December 2026 and $25 billion by June 2027.
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