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 … Read More The post SBP Reserves Up $40 Million, Commercial Banks Nearly Double appeared first on ProPakistani .
In the week ending October 30, 2026, the State Bank of Pakistan's (SBP) foreign exchange reserves increased by $39.5 million, reaching a total of $21.6 billion. This marks the third consecutive weekly gain in reserves. As of the same date, the country's total liquid foreign reserves rose by $110.3 million, reaching $26.9 billion.
The SBP holds $21.6 billion of this, while commercial banks account for $5.3 billion in net reserves. SBP reserves grew by $70.8 million, from $5.233 billion the previous week. SBP Governor Jameel Ahmed previously stated that the central bank anticipates reserves to hit $23 billion by December 2026 and $25 billion by June 2027.
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