SBP reserves rise $19m to $17bn

According to Mettis Link News, the State Bank of Pakistan's foreign exchange reserves edged up by $19.3 million, or 0.11 per cent, week on week, reaching $17.12 billion in the week to August 28, 2026. The central bank released the data on Thursday. Across the country, however, total liquid reserves moved the other way, slipping $59.5 million, or 0.26 per cent, to $22.53 billion. Because the total combines the central bank's holdings with those held by commercial banks, the fall in bank reserves outweighed the SBP's gain.

Holdings with commercial banks fell by $78.8 million, or 1.44 per cent, over the same week, to $5.41 billion. Over the current calendar year, the reserves have risen by $1.1 billion, or 6.51 per cent, according to the report. The figures offer a fresh weekly snapshot of the country's external reserve position.