SBP reserves rise $33m to $21.52b

The State Bank of Pakistan’s foreign exchange holdings grew by $33 million to $21.52 billion in the week to October 23, 2026, The Express Tribune reported, citing central bank data. Total liquid reserves, including commercial banks’ net holdings, reached $26.75 billion; banks accounted for $5.23 billion.

The rupee edged up to 276.76 per US dollar from 276.77 a day earlier. Local gold prices were unchanged at Rs425,636 per tola and Rs364,914 for 10 grams, while silver fell Rs86 to Rs5,768 per tola.

International spot gold declined 1.1% to $4,024.10 an ounce, while December US futures slipped 0.4% to $4,036.40. The report linked pressure on bullion to stronger US inflation and expectations of a possible Federal Reserve rate increase; traders assigned an 83% chance to a December hike.