Pakistan’s total liquid foreign exchange reserves increased to USD21.09 billion as of December 12, 2025, supported by sizeable inflows from the International Monetary Fund (IMF), data released by the State Bank of Pakistan (SBP).
According to the central bank, forex reserves held by the SBP stood at USD15.89 billion, while net forex reserves of commercial banks amounted to USD5.20 billion, taking the country’s overall liquid reserves to USD21.09 billion.
During the week ended December 20, SBP’s foreign exchange reserves rose by USD1.30 billion, reflecting inflows received from the IMF under its ongoing financing programs. The central bank said the increase was primarily due to the receipt of SDR 914 million, equivalent to around USD1.2 billion, under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).
The latest inflows provide further support to Pakistan’s external account position and helps strengthen the country’s ability to meet external payment obligations amid ongoing economic stabilisation efforts.
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