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Pakistan's foreign exchange reserves rise as SBP releases latest figures

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Pakistan’s foreign exchange reserves post weekly increase, with SBP and commercial bank holdings rising by $43 million, signaling modest improvement in external position.

KARACHI (Dunya News) - Pakistan’s foreign exchange reserves recorded a modest increase during the past week, according to fresh data released by the State Bank of Pakistan.   The central bank’s reserves rose by $17 million, reaching $15.867 billion compared to $15.851 billion in the previous week.   Meanwhile, reserves held by commercial banks also increased by $27 million, climbing to $5.469 billion from $5.443 billion.   Overall, the country’s total liquid foreign reserves — including both the SBP and commercial banks — increased by $43 million to $21.336 billion.   The rise reflects a gradual improvement in Pakistan’s external account position, although analysts note that sustained inflows will be necessary to ensure long-term stability.    

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