Pakistan’s Forex Reserves Increase by $47m, Total Now at $19.61bn

Pakistan’s Forex Reserves Increase by $47m, Total Now at $19.61bn

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Pakistan’s foreign exchange reserves registered a small boost this week, rising by $47 million to reach $19.61 billion, the State Bank of Pakistan (SBP) reported on Thursday.

The central bank’s reserves grew by $18 million over the week, bringing its total holdings to $14.27 billion. According to officials, the increase reflects stable inflows and a slight improvement in the country’s external position.

Commercial banks also added to the uptick, with their reserves climbing by $29 million to $5.34 billion. Together, the gains pushed the overall figure above the $19.6 billion mark, offering a modest cushion for the economy as it continues to manage debt obligations and import pressures.

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Syed Sadat Hussain Shah

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