Web Desk — October 30, 2025
Karachi: Pakistan’s official foreign exchange reserves surged by $16 million in the week ending October 24, 2025, reaching $14.4716 billion, the State Bank of Pakistan (SBP) reported Thursday. This marks a modest but positive uptick from the previous week’s $14 million gain, signaling cautious stability in the face of global volatility.
The central bank’s data shows total liquid foreign reserves—combining SBP and commercial bank holdings—stood at $19.6876 billion, up from prior levels. Commercial banks hold $5.216 billion, providing a buffer for external payments and currency interventions.
Import cover remains steady at 2.36 months, supported by central bank inflows and controlled outflows, even as fiscal year-to-date reserves have risen $419 million. Economists note the resilience reflects stronger earnings and remittances, though challenges like debt repayments persist. SBP anticipates further buildup to $13 billion by June 2026, driven by investments and a managed current account deficit.
