SBP reserves up $16m in a week

January 23, 2026 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $16m week-on-week (WoW) to $16.09bn during the week ended January 16, 2026, data released by the State Bank of Pakistan showed on Thursday.

Similarly, the country’s total liquid foreign reserves stood at $21.26bn.

The net foreign reserves held by commercial banks were recorded at $5.17bn.

During the week under review, SBP’s foreign exchange reserves rose by $16m, while reserves held by commercial banks remained broadly stable.

The State Bank of Pakistan also released monthly data which shows its reserves having increased by $1.465bn to $16.05bn in December 2025 from $14.59bn a month ago.

Compared to $11.73bn  from December 2024, SBP's reserves have increased by $4.32bn or 36.84%.

Net foreign reserves held by commercial banks stood at $4.69bn compared to $4.54bn from a month ago showing an increase of $141.9m. Compared to $4.195bn from a year ago, reserves of banks have increased by $493m.

Total liquid foreign reserves held by the country at the end of December 2025 stood at $20.74bn compared to $19.135bn from the previous month showing a net increase of $1.607bn.

Compared to the corresponding month from last year, Pakistan's total reserves increased by $4.82bn or 30.23%.

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