KARACHI: Pakistan's total liquid foreign reserves stood at $22,636 million as of May 29, 2026, according to the latest data from the State Bank of Pakistan (SBP). The reserves held by the central bank increased to $17,190.4 million during the period under review.
Weekly Increase in SBP Reserves
In its weekly statement on the position of liquid foreign reserves, the central bank reported that SBP's foreign exchange reserves rose by $43 million to $17,190.4 million during the week ended May 29, 2026. This increase reflects a positive trend in the country's foreign exchange holdings.
Commercial Bank Reserves Decline
However, the foreign reserves held by commercial banks experienced a decline, falling by $54 million to $5,445.6 million during the same period. The breakup of forex reserves depicts this shift in holdings between the central bank and commercial banks.
In the previous week ending May 22, 2026, Pakistan's total liquid foreign reserves were recorded at $22,646.5 million. At that time, the State Bank of Pakistan held foreign exchange reserves of $17,147 million, while commercial banks held $5,499.5 million. The latest figures show a net decrease of $10.5 million in total reserves week-on-week.
The SBP's weekly report provides a detailed breakdown of the country's foreign exchange position, which is closely monitored by economists and market analysts. The reserves are a key indicator of Pakistan's ability to meet its external obligations and maintain stability in the foreign exchange market.
In other economic news, power consumers are expected to receive a relief of Re0.80 per unit in their June bills, providing some respite from high electricity costs.
