Pakistan’s total liquid foreign exchange reserves increased to $26.833 billion as of October 16, 2026, according to data released by the State Bank of Pakistan (SBP) on Thursday.
The central bank’s reserves rose by $19 million during the week to $21.489 billion, while net foreign exchange reserves held by commercial banks stood at $5.344 billion.
The latest increase follows several fluctuations in the country’s foreign exchange reserves in recent months, driven by external financing inflows and debt repayments.
Earlier, SBP reserves recorded increases following inflows from commercial loans, multilateral financial institutions and international bond issuances, including Pakistan’s Eurobond.
Inflows under the International Monetary Fund’s Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF), along with proceeds from a Panda bond, also supported reserve accumulation.
However, external debt repayments have periodically reduced the central bank’s holdings, underscoring the impact of financing requirements on the country’s foreign exchange position.
