SBP reserves rise $33m to $17.26bn

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MG News | July 23, 2026 at 07:19 PM GMT+05:00

July 23, 2026 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $32.8 million or 0.19% WoW to $17.26 billion during the week ended on July 17, 2026, data released by State Bank of Pakistan showed on Thursday.

However, the country's total liquid foreign exchange reserves slipped by $5.9m, or 0.03% WoW, to $22.67bn, as reserves held by commercial banks declined during the week.

Separately, the SBP also released its monthly reserves data, which showed that the central bank's reserves increased by $1.19bn to $18.3762bn at the end of June 2026, compared with $17.1893bn at the end of May 2026.

On a yearly basis, SBP reserves rose by $3.87bn, or 26.68%, from $14.5058bn in June 2025.

According to the weekly data, foreign exchange reserves held by the SBP stood at $17.2586bn, up from $17.2258bn a week earlier.

Meanwhile, net foreign reserves held by commercial banks fell by $38.7m, or 0.71% WoW, to $5.4110bn from $5.4497bn in the previous week.

As a result, the country's total liquid foreign reserves decreased to $22.6696bn from $22.6755bn a week earlier.

The central bank's reserves have increased by $1.20bn, or 7.38%, since the beginning of the current calendar year.

The monthly data further showed that net foreign reserves held by commercial banks stood at $4.8574bn at the end of June 2026, down by $62.8m from $4.9202bn a month earlier. However, compared with $4.7634bn in June 2025, commercial banks' reserves were higher by $94m.

Pakistan's total liquid foreign reserves stood at $23.2336bn at the end of June 2026, increasing by $1.1241bn from $22.1095bn a month earlier. On a year-on-year basis, total reserves were up by $3.9644bn, or 20.57%, compared with June 2025.

Summary of Holding and Weekly Change

Foreign reserves held byJuly 17, 2026July 10, 2026Change% Change
State Bank of Pakistan17,258.617,225.832.80.19%
Net Foreign Reserves Held by Banks5,411.05,449.7-38.7-0.71%
Total Liquid Foreign Reserves22,669.622,675.5-5.9-0.03%

Amount in USD Million

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