Pakistan’s Foreign Exchange Reserves Rise to $22.62 Billion, SBP Reports Weekly Gain

KARACHI: Pakistan’s foreign exchange reserves increased during the week ended June 5, according to data released by the State Bank of Pakistan (SBP).

The central bank reported that the country’s total liquid foreign reserves stood at $22.62 billion.

During the week under review, reserves increased by $35.7 million, reflecting a modest improvement in the country’s external account position.

According to the SBP, reserves held by the central bank rose by $24.8 million to reach $17.21 billion. Meanwhile, commercial banks’ holdings also increased by $10.9 million, bringing their total reserves to $5.45 billion.

The weekly increase indicates a slight improvement in foreign currency inflows and external stability, although overall reserve levels remain under pressure due to ongoing external financing needs.

Financial analysts continue to monitor reserve trends closely as Pakistan navigates its macroeconomic challenges and repayment obligations.