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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.

The post SBP Reserves Up $40 Million, Commercial Banks Nearly Double appeared first on ProPakistani.

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