Pakistan’s foreign reserves reach $20 billion: SBP

Pakistan’s foreign reserves reach $20 billion: SBP

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According to the State Bank of Pakistan’s (SBP) weekly report on foreign exchange reserves, the nation’s overall reserves now stand at $20.03 billion.

The central bank claims that the SBP’s reserves increased significantly as a result of official inflows. As of July 4, official foreign exchange reserves had increased by $1.774 billion over the previous week, to $14.502 billion.

Additionally, commercial banks reported a $163.2 million gain, increasing their total reserves to $5.526 billion. Pakistan currently has $20.028 billion in total foreign exchange reserves.

A record increase in remittances was also noted in the study. Over the past year, Pakistanis living abroad sent $38.3 billion, according to the State Bank. Remittance inflows increased by 27% during the fiscal year 2024–2025.

Pakistanis living abroad sent $8 billion more than they did in the previous fiscal year, which is a significant increase from year to year.

Pakistani workers sent $3.4 billion home in June 2025, an 8% increase over June 2024. The rise in remittances has contributed to Pakistan’s current account going into surplus, according to economists.

In June, Pakistani expatriates sent $823.2 million to Saudi Arabia, which continued to be the biggest source of remittances. The United States contributed $280 million, the United Kingdom contributed £540 million, and the United Arab Emirates contributed $720 million.

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Syed Sadat Hussain Shah

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