Forex reserves hit five-year high of USD26.8bn

Business Recorder reported that the country's combined foreign currency cushion has climbed to a five-year peak of USD 26.791 billion, helped by Eurobond money that reached the central bank last week. Data from the State Bank of Pakistan show the SBP received USD 3 billion from the government's Eurobond sale in global markets. Its own holdings expanded by USD 3.061 billion to USD 21.389 billion as of September 11, 2026, from USD 18.328 billion a week before.

Commercial banks' net reserves inched up USD 14 million to USD 5.402 billion, compared with USD 5.388 billion the previous week. Adding the two components together, the aggregate rose USD 3.075 billion from USD 23.715 billion a week earlier. That makes the figure the strongest since September 2021, when the aggregate reached USD 27.1 billion.

Weekly figures attribute the increase mainly to Eurobond receipts and other inflows that arrived last week. Although the level is a five-year high, it remains slightly below the USD 27.1 billion recorded in 2021.