Forex reserves surge to USD23.72bn
KARACHI: The country’s total liquid foreign exchange reserves have increased by around USD 1.18 billion in a week following the arrival of commercial loan inflows from the Government of Pakistan. According to weekly report issued by the State Bank of Pakistan (SBP) on Thursday, the total liquid foreign exchange reserves held by the country surged to USD 23.716 billion as of Sep 4, 2026 compared…
The country's total liquid foreign exchange reserves have risen by approximately USD 1.18 billion over the past week, reaching USD 23.716 billion as of September 4, 2026, according to a weekly report from the State Bank of Pakistan (SBP). This increase is primarily due to commercial loan inflows from the Government of Pakistan, which boosted the SBP's reserves by USD 1.21 billion to USD 18.328 billion, up from USD 17.118 billion the previous week.
Despite this surge, net foreign reserves held by commercial banks decreased by USD 22.5 million to USD 5.388 billion. The SBP has successfully met its foreign exchange reserves target for the fiscal year 2026, surpassing the USD 18 billion mark by the end of June 2026, with a target of USD 20.20 billion set for December 2026.
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