Pakistan’s State Bank Forex Reserves Rise to Highest Level in Nearly 40 Months

Pakistan’s foreign exchange reserves held by the State Bank have increased significantly, reaching their highest level in approximately 40 months. This surge is attributed to the receipt of substantial loans by the government, including multilateral and commercial borrowings.

As of the end of the fiscal year on June 30, 2025, the central bank’s reserves stood at $14.51 billion, marking an increase of $5.12 billion compared to the previous year.

During the week ending June 27, 2025, the State Bank’s reserves rose by $3.66 billion to reach $12.73 billion.

The country’s total foreign exchange reserves have now climbed to $18.09 billion, of which $5.36 billion are held by commercial banks.