Pakistan’s total liquid foreign reserves have shown a slight increase, reaching $19,735.7 million as of September 12. The State Bank of Pakistan (SBP) shared the update in its latest weekly report.
According to the central bank, its own foreign reserves rose by $21 million during the week. The SBP’s holdings now stand at $14,357.2 million. The increase reflects continued efforts to build stability in the country’s external position.
Commercial banks also contributed to the rise. Their net foreign reserves increased by $34 million, bringing the total to $5,378.5 million. The combined reserves of both the SBP and commercial banks have now crossed the $19.7 billion mark.
In comparison, the total foreign reserves stood at $19,680.9 million a week earlier, on September 5. At that time, the SBP held $14,336.3 million, while commercial banks had $5,344.6 million. The week-to-week gain of $54 million shows gradual improvement in the reserve position.
Economists note that growth in foreign reserves is crucial for Pakistan’s economy. Higher reserves help manage imports, repay external debt, and stabilize the local currency. A stronger reserve position also boosts investor confidence and provides a financial cushion against global market shocks.
Despite ongoing economic challenges, the recent increase offers some relief. It highlights that both the central bank and commercial banks are adding to the overall reserves, even if the pace is slow.
The SBP has said it will continue publishing weekly updates on foreign reserves to ensure transparency. Analysts believe consistent improvement will be key for financial stability in the coming months.
Pakistan’s ability to strengthen its reserves will play a vital role in meeting external obligations and supporting economic recovery.
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