SBP Reserves Rise Above $21.5 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $33 million to $21.52 billion during the week ended … Read More The post SBP Reserves Rise Above $21.5 Billion appeared first on ProPakistani .
During the week ending October 23, 2026, the State Bank of Pakistan's (SBP) foreign exchange reserves increased by $33 million to reach $21.52 billion. This marks the second consecutive weekly rise in the country's reserves, following a $19 million increase to $21.49 billion in the week prior, ending October 16. As of October 23, the total liquid foreign reserves in Pakistan amounted to $26.75 billion, comprising $21.52 billion held by the SBP and $5.233 billion in net reserves maintained by commercial banks.
Notably, commercial bank reserves had declined from $5.344 billion a week earlier. SBP Governor Jameel Ahmed had previously indicated that the central bank anticipates its reserves to surpass $23 billion by December 2026, and reach $25 billion by June 2027.
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