{
  "id": 7439766,
  "title": "SBP’s reserves hit all-time high at USD21.4bn",
  "url": "https://urgent.news/2026/09/15/sbps-reserves-hit-all-time-high-at-usd21-4bn",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-15T01:10:46.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439519/sbps-reserves-hit-all-time-high-at-usd214bn"
  },
  "original_language": "en",
  "account": "A record-breaking USD 21.4 billion in foreign exchange reserves has been amassed by the State Bank of Pakistan (SBP), thanks to a surge in Eurobond inflows. The bank achieved this milestone well ahead of its target of USD 20.2 billion by December 2026. In September, the government successfully raised USD 3 billion through a dual-tranche Eurobond issuance, consisting of a USD 1.75 billion 5.5-year bond and a USD 1.25 billion 10-year bond. These bonds attracted nearly double the expected offers of USD 6 billion from global investors. The successful Eurobond issuance, coupled with significant foreign exchange purchases by the SBP, contributed to the record-high foreign exchange reserves. Analysts predict that the SBP will share a revised target for foreign exchange reserves during the next monetary policy meeting. With resilient workers' remittances and higher ICT exports expected, the current account deficit in FY27 is projected to stay within 0 to 1 percent of GDP.",
  "summary": "KARACHI: With arrival of Eurobond inflows, the State Bank of Pakistan’s (SBP) foreign exchange reserves have surged to all-time high level of USD 21.4 billion mark. In the first week of September, Pakistan has raised some USD 3 billion through a landmark dual-tranche Eurobond issuance, marking its largest-ever global bond transaction in a single offering. The government split USD 3 billion…",
  "key_points": [
    "State Bank of Pakistan (SBP) reaches USD 21.4 billion in reserves.",
    "Eurobond inflows and government bond issuance drive record high.",
    "Analysts expect revised reserve target at next monetary policy meeting."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}