KARACHI: The State Bank of Pakistan (SBP) has reported a modest increase in the country’s foreign exchange reserves, signaling relative stability in Pakistan’s external financial position. According to the latest data released on Thursday, SBP-held reserves rose by $18 million during the week ended April 17, 2026, reaching $15.10 billion.
The central bank stated that total liquid foreign exchange reserves held by the country stood at $20.63 billion. This includes $5.53 billion maintained by commercial banks, reflecting the overall liquidity position within Pakistan’s financial system. The increase, though slight, is being seen as a positive indicator amid ongoing economic challenges and external financing pressures.
Foreign exchange reserves play a crucial role in supporting a country’s currency stability, managing external debt obligations, and ensuring smooth import payments. Analysts note that consistent improvement in reserves is essential for maintaining investor confidence and strengthening the Pakistani rupee in the global market.
The latest rise in reserves comes as Pakistan continues efforts to stabilize its economy through policy reforms, improved remittance inflows, and support from international financial institutions. Experts believe that maintaining an upward trend in reserves will be key to sustaining economic recovery and avoiding balance of payment crises.
Despite the increase, economists caution that reserve levels still need significant strengthening to provide long-term economic security. They emphasize the importance of boosting exports, attracting foreign direct investment, and ensuring disciplined fiscal management.
Overall, the SBP’s latest figures highlight gradual progress in Pakistan’s financial outlook, with policymakers aiming to further build reserves and enhance economic resilience in the coming months.