KARACHI: Pakistan’s total foreign exchange reserves have climbed to nearly $24 billion, with the State Bank of Pakistan (SBP) reporting a significant increase of almost $2bn in its official reserves during the week ended July 3, 2026.
According to the latest figures released by the SBP, the country’s total liquid foreign exchange reserves stood at $23.9887bn at the close of the reporting week.
Of the total, the SBP held $18.471bn in official foreign exchange reserves, while net foreign exchange reserves held by commercial banks amounted to $5.5177bn.
The central bank said its official reserves increased by $1.944bn during the week, reaching $18.47bn by July 3.
The SBP attributed the sharp rise in reserves to external inflows received by the Government of Pakistan, which strengthened the country’s external financial position.
Economists said higher foreign exchange reserves enhance Pakistan’s capacity to meet external payment obligations, help ease pressure on the rupee, improve investor confidence and contribute to overall macroeconomic stability.
The latest figures are being viewed as a positive development for Pakistan’s economy, reflecting an improvement in the country’s external financial outlook.
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